Archive

Institutional impact funds hit €245bn, says Phenix Capital

Central banks prepare for "decisive" 2020 for climate change action

The Network for Greening the Financial System (NGFS) said 2020 will be a "decisive year", as the group of central banks warned the coronavirus crisis should not overshadow the pressure building for climate action in the financial system.

Carney: Prudential regulation should avoid climate policy by 'back door'

Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".

Impact funds on the hunt for €57bn in capital

Impact-focused asset managers are currently on the search for a combined €57 billion ($65 billion) to deploy in developed markets, according to data from Phenix Capital.

Best Performing Funds of 2019: Erste WWF Stock Environment

Solar energy holdings and takeover activity pushes Erste WWF Stock Environment to deliver a strong performance in 2019, writes Ahren Lester.

HSBC: Risk of stranded assets in oil and gas 'very limited'

HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades

Carney: Financial sector moving too slowly on climate

The global financial sector is moving too slowly to curb the negative impacts of climate change, the governor of the Bank of England has said.

IIF urges NGFS to help standardise climate risk analysis

The Central Banks and Supervisors' Network for Greening the Financial System (NGFS) has been urged to align approaches to assessing climate risk, including scenario analysis.

EU spawns global sustainable finance platform

The EU has launched an initiative to collaborate with other countries around the world on sustainable finance.

A Canadian take on sustainability

Canada's resource-intensive economy can be a sustainability transition model for others, Tiff Macklem, chair of Canada's Expert Panel on Sustainable Finance, tells Michael Hurley