French ruling sees labelled ESG funds forced to divest fossil fuel holdings
A refined socially responsible investment label could see a dramatic phase out of fossil fuel holdings in French environmental, social and governance (ESG) focused funds,...
Indonesia and Vietnam to launch JETP investment plans by COP28
Ahead of COP28, Indonesia and Vietnam are set to launch investment plans for their Just Energy Transition Partnerships (JETP), which could also address the "early phase out" of coal plants.
Green Climate Fund signs $150m to GAIA
Investor collaboration leads to more successful engagement, survey finds
GFANZ launches first country branch in Japan
MUFG launches green transition alliance
North American banks form climate risk group
A group of 19 US and Canadian banks has formally agreed to collaborate on approaches to managing climate risk, as regulators across the continent ready new rules.
Ground-breaking BlackRock public-private EM climate fund exceeds target
BlackRock has announced its flagship public-private financing Emerging Market (EM) climate infrastructure investment fund has raised more than $670 million...
UBS, DBS & ABN Amro back 'banking for impact' methodology
UBS, Danske Bank, DBS and ABN Amro have thrown their support behind an initiative seeking to develop what could become "the de facto market standard" for banks to measure and report their social and environmental impact.