Archive

Foresight calls for woodland's inclusion in UK ETS

Foresight Sustainable Forestry Company has called for the inclusion of woodland carbon credits in the UK Emissions Trading System (ETS), to help raise prices and encourage land to be switched from agricultural production to afforestation.

'Get ready for assurance' of sustainability information, Deloitte tells companies

EU one step closer to 'world first' carbon removal certificate

The European Council and Parliament has provisionally agreed to set up a 'first of its kind' carbon removal certification framework, in a bid to give carbon removal projects more credibility.

Performance in Covid period shows resilience of ESG investing, ESMA research says

ESG-themed listed equities funds tended to have better financial performance and higher inflows than their peers at the height of Covid-19 - indicating the resilience of the investment style in periods of extreme financial stress, according to research by a regulator.

Include climate transition risk in capital requirements, ECB research says

Regulators should include climate-related transition risks in calculations for banks' capital requirements, according to research by the European Central Bank (ECB).

German government urged to work with France to build on UK transition plan work

The German government has been told to work with France and the UK Transition Plan Taskforce (TPT) to build common expectations on corporate disclosure of climate transition plans, by a government-mandated expert group.

Climate risk among changes to ECB guide on banks' capital requirements calculations

Climate-related risks are among revisions to a guide by the European Central Bank (ECB) on how it expects banks to meet rules on calculating capital requirements for credit risk.

EU Council vote on CSDDD delayed again

JETPs suffer from "insufficient new finance"

There are "insufficient quantities" of new finance for Just Energy Transition Partnerships (JETPs), the Rockefeller Foundation has said, warning that the current structure faces "significant challenges".

Tackling climate risks among priorities of ECB's top supervisor

The eurozone's top banking supervisor has warned that "banks will not be immune to risks and unexpected events", including those linked to climate change, as she pointed to a period of greater uncertainty that could impact their profitability.