Nature loss poses 'existential' risks for financial system, says ECB's Elderson
The loss of nature due to intensive land use, climate change and pollution poses "existential" risks to the global economy and financial system, a prominent central banker has warned.
Temasek's GenZero invests in land restoration carbon credit project
Temasek-owned GenZero has agreed with AJA Climate Solutions to invest in a Ghanaian land restoration project.
NatureAlpha: Nature to be 'mainstreamed' into investment decision making
A "general mainstreaming" of nature into investment decision-making will be driven by rising awareness of biodiversity risks, data provider NatureAlpha has predicted.
CA100+ second phase targets greater transparency following criticism
The landmark Climate Action 100+ (CA100+) initiative to pressure high-emitting companies to take climate action has announced a spate of reforms targeted at increasing transparency and driving more tangible outcomes.
Just Climate smashes fundraising target, with $1.5bn, and eyes nature fund next
Generation Investment Management's Just Climate said its inaugural fund has raised $1.5 billion, exceeding its $1 billion target, and is mulling raising a separate fund focused on nature.
MAS to set 'expectations' on credible transition plans
The Monetary Authority of Singapore (MAS) is to set 'supervisory expectations' on credible transition plans for financial institutions.
'Buyer's market' for private equity impact investors
The challenging macro-economic environment has created a buyer's market for impact investors in the private equity space, according to one market veteran.
Asia an 'untapped market' for financial inclusion impact investments
Asia is an 'untapped market' for financial inclusion focused impact investments, a report by a Temasek-funded non-profit has found.