Moriah Costa

Paris

Freelance Journalist at Freelance

Planning to write that novel one day. Financial journalist by day and an artist by night. Words in Business Insider, The Guardian, Hidden Compass, and more.

Featured in: Favicon

foxnews.com Favicon

huffpost.com Favicon

reuters.com Favicon

bizjournals.com Favicon

investing.com Favicon

substack.com Favicon

charlotteobserver.com

star-telegram.com Favicon

thestate.com Favicon

kansas.com + 36 more

Articles

EU omnibus proposal will undermine climate rules, says MEP Pietikäine

1 week ago | greencentralbanking.com | Moriah Costa

The EU is undermining its climate rules with the commission’s proposed sustainability omnibus bill, MEP Sirpa Pietikäine said on the Sustainability Omnibus Podcast. “The commission is not only throwing the baby [out] with the bathing water, it’s throwing the baby and leaving the bathing water,” she said. Instead, Brussels should simplify the reporting scheme and have easy access to the reporting data on a single access point.
Asia’s financial regulators sit up and take notice of climate disclosures

1 week ago | climateandcapitalmedia.com | Moriah Costa

Asia’s financial regulators are exhibiting an increased focus on and significant new efforts to mandate or encourage climate disclosures, a new survey shows. The study by the Asian Development Bank Institute (ADBI) found that the regulators’ awareness of the International Sustainability Standards Board (ISSB) climate disclosure guidelines, with nearly 70% of those surveyed planning to introduce mandatory disclosures.
Asian financial regulators upping their game on climate disclosures, survey finds

2 weeks ago | greencentralbanking.com | Moriah Costa

Awareness of the International Sustainability Standards Board (ISSB) climate disclosure guidelines has increased among Asian financial regulators, with nearly 70% of those surveyed planning to introduce mandatory disclosures, a study from the Asian Development Bank Institute found.
EU omnibus proposal could increase costs and reporting burdens for investors

2 weeks ago | greencentralbanking.com | Moriah Costa

The EU’s proposed omnibus proposal could increase costs and reporting burdens for companies, asset managers told Green Central Banking on The Sustainability Omnibus Podcast.
NZBA under pressure as Japanese banks leave

3 weeks ago | greencentralbanking.com | Moriah Costa

Membership in the Net Zero Banking Alliance (NZBA) continues to dwindle, as Japanese banks have followed an exodus of US and Canadian firms from the voluntary climate group. Mizuho Financial Group is the latest Japanese bank to withdraw from the NZBA, meaning five out of six Japanese banks in the alliance have left.
Half of US firms under SEC climate scope may still need to disclose

4 weeks ago | greencentralbanking.com | Moriah Costa

About half of the companies that would have been under the scope of the US Securities and Exchange Commission’s (SEC) now defunct climate disclosure rule may still need to report their emissions under other jurisdictions including California, according to a new analysis. Advocacy group Ceres estimates that roughly 7,000 to 8,000 companies would have needed to report under the SEC’s climate disclosure rule.
France’s climate adaption plan ‘stops halfway’

1 month ago | greencentralbanking.com | Moriah Costa

The French government has warned that insurance costs could skyrocket by 35% if nothing is done to adapt to climate change, as it presented its plan to prepare for a warming world that critics say provides insufficient funding to cover the costs. Climate disaster costs could double by 2050, reaching €143bn, the government said in its climate adaptation plan released earlier this month.
Green bonds followed by drop in company emissions, study finds

1 month ago | climateandcapitalmedia.com | Moriah Costa

Green bonds are a good indicator of whether a company will reduce its emissions, especially in carbon-intensive sectors, possibly spurred by stricter climate policies, a study from the Bank for International Settlements (BIS) has found. The green bond market has expanded rapidly since the 2015 Paris Agreement, with issuers using the funds for projects that help benefit the environment or limit climate change.
Climate risk tool to help policymakers understand climate change threats

1 month ago | greencentralbanking.com | Moriah Costa

If the world wants to avoid a potential 50% drop in GDP as a result of climate change impacts, policies need to account for greater levels of warming than are currently expected, a group of experts has warned. To help policymakers and investors understand the discrepancy between climate projections and policy outcomes, a team from the Institute and Faculty of Actuaries (IFoA) and the University of Exeter have published a tool called the Planetary Solvency Risk Dashboard.
IEA head says fossil fuel investment needed, despite agency’s own research

1 month ago | greencentralbanking.com | Moriah Costa

There is a need for investing in existing oil and gas fields to meet global energy demands, the International Energy Agency’s (IEA) director said on Monday, in an apparent reversal from the group’s previous comments on the need to slow fossil fuel investment to limit global warming. “I want to make it clear … there would be a need for investment, especially to address the decline in the existing fields,” said Fatih Birol, director of IEA at the CERAWeek energy conference in Houston.