Archive

Microsoft's climate fund inks first US timberland deal

Microsoft has invested in forest management firm EFM's latest fund, with a large-scale carbon removal deal inked alongside.

UK wealth managers lack impact offering, report finds

UK wealth managers have been slow to provide clients with an impact offering, but many recognise the business case, a report from the Impact Investing Institute has found.

Sustainable debt round-up: IBRD, Singapore, Invenergy ... and more

Extreme weather could see 'severe' losses, NGFS short-term scenarios show

US flood risk analysis reveals 'material blind spot' for investors

A new flood data tool has revealed that an average of 60% of losses in the US mainland occur outside federally defined zones, meaning that investors' exposure may be "materially underestimated, putting portfolios at risk".

US withdrawal from Paris Agreement to increase risk to insurers, EIOPA warns

The EU's insurers face increased sustainability-related risk exposure in the next 12 months, linked to the US withdrawals from the Paris Agreement and the World Health Organization (WHO), according to the EU's pensions and insurance regulator.

Virgin Money makes first green real estate loan

Spin Ventures targets £50m for new fund

Spin Ventures is aiming to raise £50 million ($67 million) with its latest early-stage climate tech fund, Loop 2, the investor has told Environmental Finance.

NPI's nature metrics to begin pilot testing

Around 40 companies and financial institutions are to begin a six-month period of pilot testing state of nature metrics developed by the Nature Positive Initiative (NPI).

RBC's ditched target feeds debate on chilling effect of Competition Act

RBC's decision to ditch a CAD500 billion ($363 billion) 'sustainable finance commitment', citing recent changes to Canada's anti-greenwashing rules, has fed debate about how such rules can be effective without having a chilling effect on disclosures.