Archive

Catalysing private investment in UK's transition 'a failing strategy', warns academic

The UK government should stop trying to de-risk private investment, an academic has argued, instead calling for major uptick in government bond issuances to invest in green infrastructure.

Emirates NBD developing 'Sharia first' sustainable finance framework

Emirates NBD is preparing to publish an innovative framework for sustainable bond and sukuk issuance in October, which it hopes will help scale the Islamic sustainable finance market.

SEBI targets social, sustainability-linked and securitised debt in rule extension

The Securities and Exchange Board of India (SEBI) is considering expanding its green bond framework to include social, sustainability and sustainability-linked fixed income instruments and securitised debt.

Jefferies flags food, tiremaker stocks for investor scrutiny as EU Deforestation Regulation looms

Investors have been advised to scrutinise several companies for engagement, including Hankook, Nexen, Golden-Agri Resources and Darling Ingredients, as stocks potentially negatively exposed to EU rules set to impose strict due diligence requirements from next year.

BoJ lends $49bn to spur climate investment

Banks' climate data struggles are clouding their view of price changes, ECB says

Banks in the eurozone struggle to collect even the most basic data on climate risks to commercial real estate, despite evidence that pricing "is already clearly being affected by" physical climate risks, the European Central Bank (ECB) has said.

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.

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.