Archive

  • UK sovereign wealth fund aims to crowd-in £20bn of private capital

    09 July 2024

    The UK government has confirmed plans to launch a sovereign wealth fund, with aims to attract £20 billion ($26 billion) of private funding towards green infrastructure.

  • Stringency sees enthusiasm wane for UK sustainability labels

    09 July 2024

    The perceived stringency of the UK sustainability labelling regime has seen initial enthusiasm wane and the number of applicants dwindle, according to Morningstar Sustainalytics.

  • Public sector disclosure standards will help national transition planning, says IPSASB chair

    08 July 2024

    Public sector climate-related disclosure standards analogous to those by the International Sustainability Standards Board (ISSB) are expected to help countries prepare transition plans, the chair of the body developing them says.

  • UK's Starmer 'must turn to nature to help meet net zero commitment'

    08 July 2024

    The UK's new government has been urged to look to nature-related policy proposals to help meet its climate targets.

  • The 'horse has bolted': Challenge to CSDDD & CSRD likely to fail, say observers

    05 July 2024

    A proposal by EU parliamentarians to delay and weaken reporting requirements under landmark EU sustainability regulations has been dismissed as "political gesturing" and is likely to fail, according to observers.

  • Starmer's UK is 'back in the race to net zero'

    05 July 2024

    Sustainability-focused investors reacted positively to the landslide victory for Keir Starmer's Labour party in the UK's general election, amid claims that "the UK is back in the race to net zero".

  • Commission report backs climate risk buffers at banks

    05 July 2024

    Macroprudential instruments such as a system-wide climate capital buffer may be needed to help cope with the full spillover effects of climate change on banks, a report by the European Commission has argued.

  • Japan not currently seeking CBI certification for next transition bond

    05 July 2024

    Japan is not currently looking to secure Climate Bonds Initiative (CBI) certification for its transition bond issuance later in July. This follows the sovereign stepping back from the certification process for its third deal in May.

  • Protecting nature not a priority for incoming UK government, says Redwheel

    04 July 2024

    More ambitious policy will be critical to mobilising private capital towards nature and biodiversity protection, but the potential incoming UK government will likely not make it "an active priority", Redwheel has warned.

  • Swathes of world's largest companies 'way off' meeting CSDDD

    02 July 2024

    About 80% of the world's largest companies fail to meet any key elements of human rights due diligence, illustrating the urgent need for guidance as most of these companies brace for incoming EU regulation, according to a ranking of companies.