IIF: Net-zero transition could cause 'greenflation'
Actions taken to transition to a world with net-zero greenhouse gas emissions could boost inflation, causing 'greenflation', the Institute of International Finance (IIF) has warned
US Fed doubts there will be a single "right" approach to climate-related risk
A governor of the US Federal Reserve said it was "unlikely" that there would be a single "right" approach to judging the financial impact of climate change for the central bank, instead encouraging market innovation on the topic.
Social surge helps 2020 sustainable bond issuance to double
After a record-breaking $600 billion sustainable bond issuance in 2020 in which diversification beyond green bonds gathered pace, expectations are high that the momentum will be carried into 2021. Ahren Lester reports
Future of Sustainable Data Alliance launched in Davos
A Future of Sustainable Data Alliance has been announced at the World Economic Forum event in Davos
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.
BlackRock, UBS back IIF to ‘align’ sustainable investment definitions
Recommendations designed to “simplify sustainable investment terminology” have won the backing of BlackRock and UBS.