Archive

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.

Amoral financial markets need to be paid to invest more in emerging economies, says Aviva

From Jennifer Forrest in Paris

No insurers' models robustly capture nature risk, says Aviva nature lead

No insurance company can currently claim its models capture nature considerations robustly, according to Thomas Viegas, nature strategy lead at UK-based insurer Aviva.

Aviva fined by Luxembourg regulator over ESG failures

Aviva Investors Luxembourg has been fined €56,500 ($59,500) for failure to comply with disclosure laws in the country including not meeting its own sustainability-related exclusions policy, according to the Commission de Surveillance du Secteur Financier (CSSF).

Aviva to integrate nature into transition plan

Aviva is to integrate nature into the second version of its transition plan, a conference heard.

Climate change: The picture is bleak, but there are reasons to be hopeful

The tools, knowledge and opportunities to deliver the transition to a green economy already exist, writes Penny Apostolaki

Aviva Investors launches carbon removal fund

Aviva Investors has launched a carbon removal fund for institutional investors investing in nature-based and engineered carbon removal solutions and projects that provide 'high-integrity' carbon removal credits.

UK government ambitious in delivering transition plan guidance, says Aviva's Paddy Arber

The UK's Labour government is showing "laudable" ambition in delivering guidance on transition plans amid inconsistent global efforts, according to Aviva's Paddy Arber.

Insurance industry 'not ready' for incoming nature risks, says Aviva

The insurance industry is "not ready" to deal with some of the physical impacts of the nature and climate crises, UK insurer Aviva has warned, calling for urgent education for governments and customers.

UK government pathway needed to 'guide private sector action' on nature