Archive

ICMA sustainable commercial paper guidance expected in 2024

The International Capital Market Association (ICMA) is expecting to publish long-awaited guidance on issuing sustainable commercial paper (CP) by the end of 2024 as interest in the instrument grows.

Costa Rican sustainable finance taxonomy launched

The major financial regulators of Costa Rica have vowed to "promote and integrate" the national sustainable finance taxonomy into their activities after the Latin American country published the landmark 'green' list.

More standardisation needed for bank transition plans, says Sustainable Finance Lab

ECB's approach fails to recognise credit risk of transitioning too fast, says US banks group

The European Central Bank (ECB)'s approach to push banks to reduce their credit risk by decarbonising is flawed, as it oversimplifies the link between emissions and default risk and fails to recognise the risk of "transitioning too fast", a US banking group has claimed.

Solar, wind and hydrogen 'most at-risk' areas of IRA if Trump wins

Subsidies for US solar, wind, electric vehicles (EVs) and hydrogen are among the areas of the Inflation Reduction Act (IRA) most at risk of being culled if Donald Trump wins the US election in November, a fund manager has predicted.

US states urge FASB not to include SEC rules in accounting standards

Financial officers in 22 US states have urged the Financial Accounting Standards Board (FASB) not to incorporate the Securities and Exchange Commission (SEC)'s climate-disclosure rules "or any similar climate-related criteria" into US accounting standards.

EU regulators should be wary of 'step change' when amending rules

Regulators should expect "delays" in the uptake of anticipated sustainable finance policy changes in the EU as investors face the prospect of starting again from scratch, a private equity investor has warned.

Private companies told to detail climate risks in corporate governance reports

Climate adaptation: a 'missed opportunity' in sustainable bonds

Climate adaptation is finding its feet in the sustainable bond market, but Craig Davies says opportunities are being missed to turn risk into investment. Ahren Lester reports

FCA consults on requiring climate disclosures for IPOs