Archive

Nature risks bigger threat to the economy than Global Financial Crisis, warns GFI

Nature risks could cause more damage to the UK economy than the Global Financial Crisis, the Green Finance Institute has said, warning that large UK financial institutions are also not doing enough to mitigate the risks in their portfolio.

Article 6 and CORSIA: preparing for compliance

With airlines set to demand vast numbers of carbon credits, a supply crunch is a very real risk, writes Pedro Carvalho

ISO developing standard for financial institution transition plans

'Historic day' as EU CSDDD approved

Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".

Taxonomy users told to get creative to maximise its transition planning potential

The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.

ISSB to work on biodiversity disclosures

The International Sustainability Standards Board (ISSB) will launch a research programme on biodiversity disclosures, with a view to potentially working on a standard.

FCA confirms start date for anti-greenwashing rule

Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.

AUD80trn investors back 'essential' Australian climate reporting bill

Governments urged to make nature transition plans mandatory

Governments have been urged by Finance for Biodiversity to make nature transition plans and disclosures mandatory for the financial sector to meet the goals of the Global Biodiversity Framework (GBF).

Europe needs more green securitisations, says head of French central bank

'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.