GM Ventures leads £36m green hydrogen investment
Impact fund draws Bank of America, JP Morgan backing
France's 'perfectly timed' inflation-linked green bond debut
With a longstanding reputation as a prolific green bond issuer and innovator, France welcomed the strong demand for its 'perfectly timed' green 'linker' debut. Ahren Lester reports
Barclays climate strategy contains 'troubling loopholes'
The long-awaited climate strategy announced by UK lender Barclays has been described as "lacking ambition" and including "troubling loopholes" by climate investment campaigners.
NZBA pumped $38bn into oil and gas since launch
25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.
Coal terminal developer issues 'ridiculous' sustainability-linked bond
An Indian port operator developing a coal terminal has sparked controversy after it raised $400 million from its debut sustainability-linked bond.
New York Fed climate stress test demonstrates 'substantial' risk for banks
Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.