Archive

Central banks 'could demand transition plans to help set capital requirements'

A "high likelihood [of] sudden build-ups of prudential risks" caused by climate change should see central banks and supervisors adjust prudential requirements for banks based on their transition plans, academics have recommended.

Economists promise COP28 roadmap to reform financial system

A "roadmap" to reform international climate finance is to be delivered at the COP28 climate conference in Dubai that will involve measures to catalyse more private finance in developing countries.

People Moves 21 October: including American Securities, BNY Mellon, PAI Partners & more

People Moves 30 September: M&G, Canopius, Earth Capital ... and more

People moves 29 July: Schroders, PSP Investments, EQT and more ...

Despres joins European Climate Foundation

People Moves: CISL, RCG, ATP, CalPERS, Global Wind Service and Earth Capital Partners

Martin Porter and Ursula Woodburn have been appointed to senior roles in Cambridge Institute for Sustainability Leadership's (CISL) policy team, to strengthen its European presence in the Brussels office.

EU's carbon emissions drop 4.5% as generation shifts from coal to gas

EU carbon emissions fell 4.5% in 2016 to 1018 million tonnes, primarily driven by a shift in power generation from carbon-intensive coal to gas.

People moves – Pioneer, IETA, European Climate Foundation, RobecoSAM

Sustainable investment manager RobecoSAM has named Marius Dorfmeister to the newly created position of global head of clients.

Norwegian government backs oil fund coal divestment

Norway's NOK7 trillion ($894 billion) oil fund is to divest more of its coal holdings after the country's politicians gave an earlier-than-expected backing to plans to reduce its exposure to the commodity.