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At the COP27 climate conference in Egypt, companies and country delegates are discussing ways of enhancing the market for green bonds, or bonds that are linked to projects deemed environmentally beneficial. POPULAR DESPITE THE 'GREENIUMS'Also known as "use of proceeds bonds," green bonds involve a company or government raising money for projects considered environmentally beneficial. SUSTAINABILITY-LINKED BONDSSustainability-linked bonds, or SLBs, comprise a newer and smaller market than green bonds. SOCIAL BONDS, SDG BONDS, AND MOREBeyond bonds focused on environmental outcomes, lie pools of money for related goals around social equity or fair living standards. Social impact bonds, or impact bonds, differ from social bonds in linking financial returns to the desired outcome.

☆ How to watch and what to expect at the CMA Awards
▼ + stars: | 2022-11-09 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

(CNN) Hosts Luke Bryan and Peyton Manning will present the 56th Annual Country Music Association Awards, known as the CMA's, live from Nashville, Tennessee on ABC on Wednesday night. Other performers slated to take the CMA stage include Kelly Clarkson, HARDY, Marcus King, Jimmie Allen, Kelsea Ballerini, Carly Pearce and the Zac Brown Band, according to the association's initial lineup announced in October. Not far behind with five nominations apiece are McBryde, Pearce, Chris Stapleton and Shane McAnally. PresentersThere's no shortage of celebrities set to take the stage to hand out the awards. Where to watchThe CMA Awards will air on Wednesday, November 9 on ABC at 8 p.m. ET/5 p.m. PT.

☆ Factbox: COP27: Which countries have offered 'loss and damage' funds?
▼ + stars: | 2022-11-08 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

While vulnerable countries say one-off commitments are no substitute for a fund to provide ongoing support, some praised Scotland's leadership in acknowledging the issue. AUSTRIAAustria will provide at least 50 million euros to tackle loss and damage over the next four years, the government said on Tuesday. IRELANDIrish PM Micheal Martin committion 10 million euros to the "Global Shield" initiative for 2023. Some vulnerable countries say that type of funding does not count as "loss and damage" money, which they say should compensate countries for unavoidable costs from disasters. Wealthy countries already provide funds to help countries adapt to climate change by preparing for worse weather impacts, although this funding has fallen short of promised amounts.

"There can be no effective climate policy without the peace," he said, highlighting the impact of Russia's invasion of Ukraine on global energy supplies, food prices and Ukraine's forests. Ukraine is hosting an exhibition space this year for the first time at a U.N. climate conference in Sharm el-Sheikh, Egypt. He criticised world leaders for paying lip service to climate change without delivering real change. "There are still many for whom climate change is just rhetoric or marketing ... but not real action," he said. A GREENER FUTUREMembers of Ukraine's delegation to COP27 said they hoped their presence drew global attention to the climate and environmental consequences of Russia's February invasion.

SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) - Small island nations suffering the brunt of climate change want Big Oil to pay for mounting damage from ocean storms and sea-level rise, Antigua's prime minister told delegates at the COP27 climate summit in Egypt on Tuesday. "The oil and gas industry continues to earn almost 3 billion United States dollars daily in profits," Browne said, speaking on behalf of the Alliance of Small Island States. "It is about time that these companies are made to pay a global carbon tax on their profits as a source of funding for loss and damage. Profligate producers of fossil fuels have benefited from extortionate profits at the expense of human civilization. Writing by Richard Valdmanis; Editing by Katy Daigle and Janet LawrenceOur Standards: The Thomson Reuters Trust Principles.

"Unless we price carbon predictably on a trajectory that gets us at least to [a] $75 average price per ton of carbon in 2030, we simply don't create the incentive for businesses and consumers to shift," she said. The world's second biggest emitter, the United States, for example is unlikely to establish a national price on carbon given stiff political opposition to carbon taxes and 'cap-and-trade' systems. Whether the U.S. opts to impose a carbon cost through regulation and rebates rather than through tax or trade, that should not matter. She cited the IMF's proposal for a carbon price floor and the proposal floated by Germany of a 'carbon club' of the world's biggest economies, which would coordinate how members measure and price carbon emissions and enable cooperation in slashing emissions in the largest industrial sectors. Reporting by Simon Jessop, Seham Eloraby, Valerie Volcovici; Editing by Katy Daigle and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Midterm Senate, House, Governor Races to Watch—Hour by Hour
▼ + stars: | 2022-11-07 | by ( Katy Stech Ferek | ) www.wsj.com time to read: 1 min

Analysts are watching several races in each wave of poll closures Tuesday to try to predict early on how the night is looking for each party. Voters will cast their final ballots Tuesday evening across the U.S. Here’s a look at important contests for the House and Senate as well as governor—and when the races finish in key states. Nonpartisan political analysts are predicting Republicans will win control of the House and possibly the Senate, largely because of voter concerns over inflation and other issues including crime. Democrats also must contend with the historical trend that has seen the party in control of the White House losing seats in the midterms. Democrats control the 50-50 Senate, thanks to the tiebreaking vote of Vice President Kamala Harris, while the party has a 220-212 advantage in the House, with three absences.

☆ COP27: Loss of Arctic summer sea ice 'inevitable' within 30 years — report
▼ + stars: | 2022-11-07 | by ( Gloria Dickie | ) www.reuters.com time to read: +3 min

The newest report's authors highlighted the "terminal diagnosis" for the ice that forms and floats atop the Arctic Ocean each summer. On Monday evening, Arctic campaigners and indigenous youth from the region planned a media event to mark the demise of sea ice. Mallett said COP27 talks would do little to save the summer sea ice. Last year, the U.N. Intergovernmental Panel on Climate Change said summer sea ice would be lost even if warming peaked at 1.6 degrees above the preindustrial average. If summer sea ice is lost, no multiyear sea ice — sea ice that persists in the ocean from year to year — will remain.

☆ COP27 Climate talks must wrench attention from competing crises
▼ + stars: | 2022-11-07 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

"The attention of many leaders has been going to other issues," said Espinosa, who led the U.N. climate change body - called the U.N. Framework Convention on Climate Change, or UNFCCC - from 2016 until July this year. "This is a very important conference in order to really get again the issue of addressing climate change very, very high up on the agenda," she told Reuters. Countries' national climate pledges put the world on track to warm by 2.5 degrees Celsius above pre-industrial levels, overshooting the 1.5C threshhold beyond which scientists say climate change impacts will significantly worsen. Executive Secretary of the United Nations Framework Convention on Climate Change Patricia Espinosa speaks during an interview with Reuters at a United Nations Information Center offices in Washington, U.S., December 7, 2021.

Progress since has been patchy, with only a few countries instituting more aggressive policies on deforestation and financing. Among the new sources of financing, Germany said it would double its financing for forests to 2 billion euros ($1.97 billion) through 2025. PRIVATE CASH PILES UPPrivate companies announced $3.6 billion in extra money. Other initiatives towards meeting the 2030 forest pledge also announced incremental progress at the opening of COP27. In September, the initiative announced standards that companies should follow to trace commodities and disclose links to deforestation.

☆ Reeling from floods, Pakistan seeks climate compensation, debt relief
▼ + stars: | 2022-11-07 | by ( Valerie Volcovici | ) www.reuters.com time to read: +2 min

SHARM EL-SHEIKH, Egypt, Nov 7 (Reuters) - Pakistan's prime minister said his country would need debt relief and would seek compensation for climate damage as it recovers from catastrophic floods that cost the country some $30 billion. Speaking on Monday at the COP27 climate conference alongside U.N. Secretary-General Antonio Guterres, Prime Minister Shehbaz Sharif said that Pakistan's escalating public debt was hampering its recovery. "Millions of people are going into winter without shelter or livelihood," Sharif said. "Women and children are still looking to us to protect their basics needs." "There should be a way to have a (debt) swap exchanging the payments of the debt to investments in the rehabilitation and recovery and reconstruction from natural disasters," the secretary general said.

☆ Explainer: COP27: What is 'Loss and Damage' compensation, and who should pay?
▼ + stars: | 2022-11-06 | by ( Kate Abnett | ) www.reuters.com time to read: +5 min

That has intensified developing country demands for a special "Loss and Damage" fund. But with rich countries resisting such calls, the issue has been stalled for years. Loss and damage funding would be different, in compensating costs that countries can't avoid or "adapt" to. Vulnerable countries and campaigners have argued that rich countries that caused the bulk of climate change with their historical emissions should now pay. Meanwhile, climate-vulnerable countries are seeking contributions for a pilot loss and damage funding facility.

☆ Explainer: What the latest IPCC science says about climate change
▼ + stars: | 2022-11-05 | by ( Laurie Goering | ) www.reuters.com time to read: +4 min

The Intergovernmental Panel on Climate Change (IPCC) produces reports roughly every five years that represent global scientific consensus on climate change, its causes and its impact. Last year's report tackled the main drivers of global warming and the core elements of climate science. Here are some of the key takeaways from those reports:THE SCIENCE REPORT* Last year's report on the physical basis for climate change pulled no punches, stating unequivocally that humans are to blame for rising temperatures. * It also warned that climate change was already dangerously close to spinning out of control. * Millions of people face poverty and food insecurity in coming years, as climate change hits crops and water supplies and threatens to disrupt trade and labor markets.

The pledge was praised widely at last year's COP26 climate summit, particularly as Brazil, Indonesia and Congo all signed on. To fulfill the pledge, the world would need to ensure 10% less area is deforested on average each year from 2021 to 2030. Most countries under the pledge have yet to detail plans for passing stronger forest protections or implementing them. BRAZILThe biggest rainforest country also leads the world in deforestation, as the Amazon falls rapidly to illegal logging, agriculture and land speculation. Deforestation driven by land-clearing for palm oil plantations continued to slow in the first seven months of the year - even as palm oil prices soared.

☆ Explainer: A field guide to climate jargon
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +5 min

Nov 4 (Reuters) - Representatives from the world's nations meet in Sharm el-Sheikh, Egypt, on Nov. 6-18 to flesh out the rules of a new global climate pact. Here is a guide:GLASGOW PACTReached at the 2021 U.N. climate summit in Glasgow, Scotland, the Glasgow Pact marked the first time a U.N. climate agreement mentioned the goal of reducing fossil fuel use. With time running out for steep emissions cuts, the pact also urges nations to come up with more ambitious climate plans. NATIONALLY DETERMINED CONTRIBUTIONSNDCs are the pledges that each country makes to reduce its emissions and adapt to climate change from 2020 onward. 'LOSS AND DAMAGE'Although richer countries have agreed to provide them with funding to address the impact of climate change, poorer countries continue to press for an agreed basis to assess liability for the losses and damage caused by climate change, and calculate compensation.

☆ Factbox: COP27: Major players at the U.N. climate talks in Egypt
▼ + stars: | 2022-11-04 | by ( Rachel Parsons | ) www.reuters.com time to read: +7 min

Here are some of the main stakeholders and negotiating blocs engaged in the U.N. climate conference (COP27) that starts on Nov. 6 in Sharm el-Sheikh, Egypt. A diplomatic row over Taiwan led Beijing to cancel bilateral climate talks with the United States. EUROPEAN UNIONGreenhouse gas emissions from the 27-country European Union comprise about 8% of the global total, and have been trending downward for years. Negotiating as a single group at the U.N. climate talks, the EU intends to push other major emitters to raise their targets. Meanwhile, long-time climate champion King Charles III said he will skip the COP27 conference in Egypt.

☆ Explainer: Why methane emissions are threatening climate stability
▼ + stars: | 2022-11-03 | by ( Tim Cocks | Avi Asher-Schapiro | ) www.reuters.com time to read: +4 min

Nov 3 (Reuters) - Methane emissions have emerged as a top threat to the global climate, with scientists and policymakers calling for aggressive action to curb the output. At last year's U.N. climate summit in Glasgow, Scotland, more than 100 countries pledged a 30% cut from 2020 methane emissions levels by 2030. "If you're interested in the climate impacts, we'll be experiencing in 2050 ... you'd be absolutely screaming about methane emissions." WHERE IT COMES FROMThree-fifths of the world's estimated methane emissions are from human activity; the rest are from natural sources like swamps. The European Union recently endorsed labeling some natural gas projects as "green" in a major boost to the industry.

☆ How U.N. climate conferences have tackled global warming
▼ + stars: | 2022-11-02 | by ( Andrea Januta | Kim Harrisberg | ) www.reuters.com time to read: +6 min

REUTERS/Russell Cheyne/File PhotoNov 2 (Reuters) - This year’s U.N. climate conference in Sharm el-Sheikh, Egypt, marks the 27th time since 1995 that world leaders have gathered to confront global warming. Here are some key moments in the global climate conversation:1800s - Throughout the 1800s, several European scientists study how different gases and vapours can trap heat in the Earth’s atmosphere. 1990 - At the U.N.’s so-called Second World Climate Conference, scientists highlight the risks of global warming to nature and society. 2015 - Global warming passes 1 degree Celsius. Signatories promise to try to keep global warming within 1.5 degrees C of the preindustrial average.

☆ Factbox: COP26 a year later: Where do last year's climate pledges stand?
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +7 min

Nov 1 (Reuters) - A year ago at the U.N. climate talks in Glasgow, Scotland, countries, banks and business leaders announced a slew of climate plans and pledges. METHANE PLEDGETo date, 119 countries and blocs including the United States and the European Union have joined the COP26 pledge to slash methane emissions 30% from 2020 levels by 2030. And China could also give an update on its plan to begin monitoring methane emissions - a promise made under the U.S.-China agreement announced in Glasgow. The group now counts more than 550 members, including most of the world's leading banks, insurers and asset managers, with collective assets of more than $150 trillion. read more And last week, climate activists criticized GFANZ for dropping a requirement that its members sign onto a U.N. emissions reduction campaign.

☆ Ahead of COP27, researchers call for climate compensation fund
▼ + stars: | 2022-11-01 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

BRUSSELS, Nov 1 (Reuters) - Channelling climate compensation payments through existing funds will not work for vulnerable communities, a team of international researchers said on Tuesday, arguing that a new fund be created. Representatives of the nearly 200 countries attending COP27 will be weighing whether to create some form of compensation fund - a central demand by developing countries worldwide. In a report on Tuesday, researchers at the Stockholm Environment Institute backed the case for a new fund. For example, most climate finance takes the form of loans, rather than the small grants the researchers said would support vulnerable communities without burdening them with debt. The researchers said that, in principle, those responsible for causing climate change should be on the hook for paying compensation - but acknowledged that the idea was politically contentious.

☆ Explainer: COP27: what's on the U.N. climate talks agenda
▼ + stars: | 2022-10-31 | by ( Valerie Volcovici | ) www.reuters.com time to read: +5 min

FOSSIL FUELS AND BACKSLIDINGCountries at last year's COP26 talks agreed for the first time to "phase down" coal production and trim other fossil fuel subsidies. Voluntary side deals also touted plans to curb fossil fuel financing and to limit planet-warming methane emissions, chiefly from the fossil fuel and agriculture industries. Following a breakthrough at the weekend as this year's summit began, the issue for the first time is part of the U.N. talks' formal agenda. ADAPTING TO A WARMER WORLDHigh-income countries have yet to meet their pledge to deliver $100 billion a year in climate finance. Low-income and climate-vulnerable countries want to ensure that the share spent on adaptation is doubled by 2025 - a pledge made at last year's U.N. climate talks in Glasgow, Scotland.

☆ Katy Perry explains her eye twitch
▼ + stars: | 2022-10-28 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Katy Perry had been performing during her “Play Las Vegas” residency on Sunday evening, when her eye began to visibly twitch, much like a doll. She tried to fix it as her right eye remained open. Hope to sing along with you in 2023! ?”The 2023 leg of the tour kicks off on Feb. 15. Perry started the residency in December 2021.

☆ Normcore No More: This Season’s Best Fleeces Will Help You Stand Out
▼ + stars: | 2022-10-27 | by ( Max Berlinger | ) www.wsj.com time to read: +1 min

MARIUS JOHNSON spotted the indigo fleece pullover on the YouTube page of one of his favorite influencers back in February. Finished with crochet detailing, the woolly number was the work of Story mfg, a small British brand known for its crafty aesthetic. Mr. Johnson, 26, an account manager at a creative agency in Boston, was attracted to the obvious care put into the garment, which he subsequently purchased. “You can just tell they’ve mastered their craft, with the stitching, the feel of the pullover and the fit,” he said. “[It] feels very personal.”That particular fleece was inspired by Patagonia’s Snap-T pullover, said Saeed Al-Rubeyi, who founded Story mfg with his wife Katy.

☆ In COP27 host Egypt, Red Sea coral reefs resilient but under stress
▼ + stars: | 2022-10-27 | by ( Mariam Rizk | ) www.reuters.com time to read: +3 min

[1/4] General view of a hotel with pools in Egypt's Red Sea resort of Sharm el-Sheikh town as the city prepares to host the COP27 summit next month, in Sharm el-Sheikh, Egypt October 20, 2022. REUTERS/Sayed Sheasha/File PhotoHURGHADA, Egypt, Oct 27 (Reuters) - Egypt hosts next month's COP27 climate summit at a Red Sea resort, where climate change and human activity are threatening one of the world's most prized coral reefs. These Red Sea reefs, which make up about 5% of the global reef cover, contain the most diversity of species outside of Southeast Asia. "We have in Egypt coral reefs that will be among the last remaining in the world, which means it will provide hope for humanity that a unique ecosystem like this remains alive," Hanafy said. But the Red Sea reefs face other threats, including scuba divers.

☆ Reactions to earnings reports tell investors a lot of bad news is already priced into the market
▼ + stars: | 2022-10-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Several companies have reported earnings below expectations or are providing weak guidance. JetBlue reported earnings lower than expected, but sales were in-line. General Electric was trading up premarket Tuesday, even though earnings were short of forecasts and it cut its full year outlook. Corning was in-line but provided weak guidance. The homebuilder posted earnings and revenues below expectations, yet the numbers were still strong: revenues up 13%, earnings up 44%.

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