Archive

UN's FIT launches transition plan guide for re/insurance underwriting

The UN-convened Forum for Insurance Transition to Net Zero (FIT) has released its inaugural guide to help re/insurers and brokers develop and disclose credible transition plans for their underwriting portfolios.

BeZero Carbon and Xpansiv expand partnership

ASCOR: Growth, refinements to continue after 'strong' 2024

The Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) tool is expected to be expanded to 80 countries by the end of 2025.

People Moves, 21 March: EQT, Transition Finance Council, Danske Bank, EIFO ... and more

Global stranded assets exposure is $2.3trn, estimates say

NaFin issues 'pioneering' Mexican Taxonomy-aligned sustainable bond

Mexican development bank Nacional Financiera (NaFin) has raised MXN12.2 billion ($596 million) from a sustainability bond, becoming one of the first transactions to have aligned with the Mexican Taxonomy.

Transition plans can show how net-zero feeds growth, says head of regulator network

Climate transition plans can demonstrate how net-zero policies will deliver finance to support countries' growth objectives, the head of a group to establish 'global norms' for transition planning has said.

'Sovereigns should use ASCOR for SLBs'

The assessment framework could help bring credibility to the nascent market. Ahren Lester reports

UK makes pitch to lead world in transition finance with launch of council

London stands to become "the preeminent financial hub for transition finance" if a new Transition Finance Council is successful, according to its chair and former president of the COP26 climate conference, Alok Sharma.

South Korea readies sovereign green bond market return in 2026

South Korea is planning to issue a green bond in 2026 following investor engagement, according to a senior government official - five years after the sovereign was last active in the market.