Archive

EU starts process for penalising countries yet to implement CSRD

EU would harm itself if it mimicked US and Chinese green subsidies, Draghi says

The EU should not try to mimic the US Inflation Reduction Act in introducing wide-ranging climate subsidies to protect its domestic industries, as doing so would harm the trade-dependent bloc, according to the influential economist Mario Draghi.

People Moves, 27 September: PRI, JP Morgan, GSG Impact, Crédit Agricole, ISS ESG ... and more

Lack of deforestation data 'not a good excuse' for non-disclosure, says WBCSD

A lack of data is "not a good excuse anymore" for not disclosing on deforestation, the World Business Council for Sustainable Development (WBCSD) has said, as it releases new guidance for financial institutions.

EU's von der Leyen announces 'green coupon facility'

US regulator approves voluntary carbon credit guidance

The Commodity Futures Trading Commission (CFTC) has approved guidance on the listing of voluntary carbon credit derivative contracts for CFTC-regulated derivatives exchanges, which the agency said would drive standardisation, deter market manipulation and help price discovery.

People Moves, 20 September: Mirova, CAM, Vision Ridge, AFII and more

NAIC defends climate work against political questioning

The National Association of Insurance Commissioners (NAIC) has defended its work on climate-risk and resilience-related efforts against questioning from US politicians focused on the crisis in the country's property insurance market.

US regulator to vote on voluntary carbon market rules

SEC disbands ESG enforcement division

The US Securities and Exchange Commission (SEC) has disbanded the Climate and ESG Task Force within its division of enforcement, as the agency battles criticism that its focus on sustainability represents mission creep.