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COP26 round-up, 8 November: Adaptation & Resilience Day, GRII index, climate resilience finance

Markets 'unmoved' by blizzard of COP26 announcements

The flurry of announcements emanating from the COP26 summit in Glasgow have yet to make an impact on financial markets, a sustainability-focused fund manager has claimed.

AXA IM to divest from climate 'laggards' in 2025

Axa Investment Managers (IM) will divest from firms it deems to be "climate laggards" and fail to respond to engagement...

'Much needed' EU, China common ground taxonomy published

The International Platform on Sustainable Finance (IPSF) has published its long-awaited initial scoping report detailing its "common ground" taxonomy (CGT) of green activities, described as a "much-needed" attempt to set global definitions.

COP26 round-up, 5 November: IEA, CDP and BSI

People Moves 5 November: Mike Bloomberg, PRI and more...

Michael Bloomberg joins Mark Carney as Co-Chair for GFANZ

Bank of America: The decarbonisation task is 'overwhelming'

The decarbonisation journey ahead is "quite overwhelming" for banks as the goal will require every client to be net zero, the Bank of America has said.

PRI: COP26 needs a signal from China

The "most important thing" for COP26 to achieve is a signal from China of improved decarbonisation ambition, a Principles of Responsible Investment (PRI) executive has said.

Climate finance skewed against women, says World Bank advisor

Gender-related criteria must not be seen as tokenistic for developing countries accessing climate finance, a World Bank executive has said.