Brazilian indigenous protection rowback a 'fiduciary risk for investors', says BlueBay
Potential legislation deemed "anti-indigenous" in Brazil is a "fiduciary risk for investors" and a concern for Brazil's economic and sustainable prosperity, BlueBay Asset Management told Environmental Finance.
KfW adds biodiversity as it launches €13bn green bond programme for 2024
KfW has added biodiversity to its green bond framework as the German development bank aims to raise up to €13 billion ($14 billion) from its green-labelled issuance in 2024.
Fewer than one in five countries have 1.5°C aligned targets, investor-led analysis reveals
Only four countries among a group of 25 studied have emissions reduction targets that align with the Paris Agreement's goal to limit warming to 1.5°C, according to analysis by an investor-led project.
Opening the black box of sovereign debt and climate risks
Sovereign debt investors are ready to use the first-of-its-kind Ascor tool to assess countries' climate progress, Adam Matthews and Esther Law tell Michael Hurley
KKR to take British 'smart meters' firm private for £1.4bn
Eurazeo maritime climate upgrade fund targets $300m fundraise in 2024
Eurazeo is planning to raise at least $300 million from its private debt, climate-themed upgrade fund for the maritime sector, which is expected to launch later in 2024.
Revaia bags €150m in growth fund first close
Australia passes legislation to create biodiversity credit market
Australia has formally passed legislation to protect and restore nature and developed a 'first-of-its-kind' biodiversity credit market, but last-minute concessions means offsets will be outlawed.
ISDA to publish sustainability-linked derivative legal clauses
The International Swaps and Derivatives Association (ISDA) will release a set of legal clauses this month to promote sustainability-linked derivatives (SLD), in its first step towards standardising the nascent market.