NGFS transition plan 'stocktake' due this week
The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) will publish its "stocktake" on transition plans this week, which one official said will demonstrate how "inconsistent" the global picture is.
Europe 'more highly exposed' to negative biodiversity impact
Europe is more highly exposed to negative biodiversity impact than other regions including the US, with emerging markets also "slightly ahead" on developing 'positive' biodiversity solutions.
Sustainable funds grow globally despite regional outflows
While global sustainable assets continued to rise, large outflows in many regions slowed the global pace of investment in the first quarter of 2023.
Paris-aligned benchmarks boom but are they helping the transition? Part two
Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports
Paris-aligned benchmarks boom but are they helping the transition? Part one
Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports
Recommendations on TNFD nature data utility 'due next month'
A group set up by the Taskforce on Nature-related Financial Disclosures (TNFD) to explore the creation of a database of nature-related information, similar to one being planned for climate change, will submit its recommendations in June, a member of the group has said.
EU climate benchmark funds hit €58bn in assets
Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.