Archive

People Moves, 19 July: JP Morgan, Lightrock, Ambienta, PCAF, Co-Labs & Phenix

Central banks face tough questions to balance climate work and inflation, NGFS says

Plans by central banks to escalate monetary policy measures to tackle climate-related financial risks may have to be revisited to consider their utility in the current raised interest rate environment, according to the Network for Greening the Financial System (NGFS).

People Moves, 8 July: Lloyds, Bridges, IFRS, ESG Book, Permira ... and more

Financial institutions' physical risks could be underestimated by 70%

An EU-funded study has warned that European financial institutions' physical climate risk assessments are inadequate, and could be underestimating 'value at risk' by up to 70%.

NGFS encourages central banks to model 'worst-case' climate impacts

The Network for Greening the Financial System (NGFS) has encouraged central banks to disclose the results of analysis exploring the worst-case scenario for climate-related physical and transition risks.

Swen CP, Plenium jointly back €87m funding for French solar IPP business

Phoenix Group launches climate-aware benchmarks

Loan round-up: Verkor, Phoenix Tower International, H2O Innovation and more...

Investors 'need direction from policymakers' on transition

Policymakers have been urged to provide clear transition pathways and identify a "most likely scenario" to help investors develop their own transition plans.

NGFS publishes recommendations on sustainable investment for central banks