Webinar: Government support needed to fund transition technologies
Further support from governments, through policies and subsidies, is needed to help accelerate funding of technologies critical to the net zero carbon transition, a recent Environmental Finance webinar heard.
Webinar: Transition finance 'too caught up in labels'
Despite the lack of clarity in the market on how the theme of transition can be incorporated into sustainable loans and bonds, there is often too much focus on labelling, an Environmental Finance webinar has heard.
IIGCC to step up pressure on banks to demonstrate action on net zero
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
Nomura, HSBC and ING among ASEAN sustainable finance working group members
An industry advisory panel (IAP) of sustainable finance has been launched by the ASEAN Capital Markets Forum (ACMF)...
'Transition' firms preferring sustainability-linked over transition bonds
Sustainability-linked bonds are proving more popular for carbon-intensive issuers than transition bonds, and experts are worried the 'transition' label is adding unnecessary confusion in the market. Ahren Lester and Christopher Marchant report
CCCA banks to publish principles for low-carbon portfolio alignment
The Collective Commitment to Climate Action (CCCA) is to publish agreed principles and guidance for assessing portfolio alignment, and setting and reporting on alignment targets, by the end of Q1 2021.
Boston Common: Differing methodologies for bank sustainable financing 'unnecessary competition'
Boston Common Asset Management (BCAM) has criticised the increasing number of methodologies used to assess how a bank's sustainable financing commitments impact its portfolio, as a distraction from core climate goals.
Equator Principles criticised for continued prioritisation of developed nations
The fourth version of the Equator Principles has come into effect, yet is already facing criticism from NGOs for an 'arbitrary' distinction between developed nations financing approaches and those in emerging markets.