IFC, T Rowe Price to launch 'first' blue bond fund
The International Finance Corporation (IFC) and T Rowe Price are preparing to launch the first dedicated 'blue' bond investment strategy to support sustainable marine and water investment from companies and financial institutions in emerging markets.
Moody's launches corporate net-zero assessment scores
Moody's Investors Service has published a framework for its net-zero assessments (NZAs) for corporates, which scores their contribution to global climate goals.
Japan embraces impact investing in pursuit of a 'new form of capitalism'
Prime minister Fumio Kishida is on a mission to harness impact investment to spur economic growth in Japan. How might it transform the market, asks Michael Hurley
Moody's: 2023 sustainable bond issuance 'still on track' for $950bn
Moody's Investors Service said annual sustainable bond issuance in 2023 was still "on track" to surpass 2022 levels, with the financial services firm reiterating its $950 billion forecast ahead of the UN COP28 climate summit next month.
US climate finance principles published by regulators - but two Fed governors refuse to sign
The main banking and financial services regulators in the US have agreed principles on how to manage climate risk - but they resisted calls to promote the transition to a lower carbon economy, as the controversial document caused a rift within the Federal Reserve.
Iceberg Data calls for standards for deforestation commodities
Transition 'should be better captured in financed emissions metrics'
Current approaches to calculate so-called 'financed emissions' risk missing the potential future emissions reductions and penalising financial institutions that provide such capital, argues Satoshi Ikeda, chief sustainable finance officer at the Financial Services Agency (FSA).
'Scope 4' emissions 'key' to assessing real world transition impact
Calculating the 'Scope 4' avoided emissions is "very important" if you are trying demonstrate the real world impact of your operations and investments, and is especially important when assessing companies that provide climate solutions, an Environmental Finance event heard.
Japanese regulator readies guidance to spur impact investment in start-ups
From Michael Hurley in Tokyo