Archive

Brazilian cattle farmers need $114bn of investment to transition

Brazilian cattle farmers have been urged to diversify their revenue streams to limit the threat of climate change, as a report warned that $114 billion of investment is needed by 2030 to put the sector on a pathway to sustainability.

Kempen 'surprised' adaptation isn't greater priority for regulators

Kempen Capital Management has expressed "surprise" that adaptation hasn't been made a greater priority by regulators.

Saudi Arabian green finance framework an 'important but controversial step'

The Kingdom of Saudi Arabia has published its green financing framework, opening the door to major oil exporter issuing sovereign green bonds and sukuk.

UK's biodiversity net gain legislation extended

The UK's Biodiversity Net Gain legislation, which created the world's first mandatory biodiversity credit market, has been extended to small development sites.

Climate resolutions hit record in North America, despite ESG backlash

A record-breaking number of climate resolutions has been filed in North America, although it remains to be seen whether investors will support them, given the strength of anti-ESG sentiment in the US.

SEC climate rule faces new legal challenge

Two fracking companies have brought a new legal challenge against the Securities and Exchange Commission (SEC)'s climate rule.

Japanese GFANZ members 'intend to grow transition financing'

Japanese financial institutions said they will grow their allocation to 'transition financing' and explore ways to ramp up a planned phase-out of coal power generation, in a joint statement by signatories to the Glasgow Financial Alliance for Net Zero (GFANZ).

Loans round-up: ThaiBev, ISF, Invenergy ... and more

Blurred lines between ESG and Impact need clarification, says Amundi

The sustainable finance industry needs to move away from treating sustainable investing and impact investing as synonymous, Amundi Asset Management has claimed.

LMA exploring 'transition loan' label as sustainability-linked debt flounders

The Loan Market Association (LMA) is exploring the creation of a label for loans that finance climate transition-themed projects or activities, as it considers how to drive more investment in 'hard-to-abate' sectors.