Archive

Aviva calls for NDCs to become national transition plans

Countries preparing their next set of climate targets should use it as an opportunity to prepare comprehensive, national climate transition plans that can plug into those being used by financial institutions, Aviva has urged.

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

UK to target impact as part of expected Growth Fund announcement

The UK Chancellor will announce a UK Growth Fund, using private capital to fuel its public policy priorities and target positive environmental and social impact, at this week's Autumn Statement, an academic has claimed.

Exclusionary strategies could spark 7% drop in stock prices of 'brown' firms, BIS report says

The exclusion of high-emitting 'brown' firms by sustainability-minded investors could lead to a 7.1% drop in stock prices of these firms over 10 years, according to a modelling exercise by academics.

Biodiversity deserves its own sovereign assessment tool

The topic of biodiversity is sufficiently important and complex that it deserves its own version of the Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) project, according to an expert working on the sovereign climate risk assessment tool.

Staying focused: sovereign climate assessment tool resists mission creep

The ground-breaking ASCOR project refuses to allow the number of indicators to 'explode' out of control, as it strives to keep the tool practicable, LSE's Antonina Scheer tells Ahren Lester

Financial industry 'lacks expertise' to understand nature scenarios

Dispelling some myths around fixed income and responsible investment

Apart from discussions around green bonds, there is little understanding of the role of fixed income in enabling climate action or sustainable development, write Joshua Kendall and Rory Sullivan

COP27 draft criticised for not tackling fossil fuels

The first draft of the COP27 final agreement has been criticised for not committing to reducing fossil fuel usage other than unabated coal, with an institutional investor lamenting the lack of progress.

ECB increasing interest rates 'fatal' for green investments, says LSE