IFC, T Rowe Price to launch 'first' blue bond fund
The International Finance Corporation (IFC) and T Rowe Price are preparing to launch the first dedicated 'blue' bond investment strategy to support sustainable marine and water investment from companies and financial institutions in emerging markets.
US climate disclosure tussle develops over SEC filings role
A tussle is developing over whether mandatory climate disclosures in the US should feature in the closely scrutinised annual regulatory filings or as a separate document, with some major firms opposing inclusion in annual filings but some significant investors backing such a move.
TPG Rise joins Fidelity in $150m electric bike fundraise
TPG Rise, Fidelity and Morgan Stanley's Counterpoint Global have purchased a minority stake in US-based electric bike manufacturer Rad Power Bikes in a $150 million fundraising round.
Climate change is an opportunity for insurers, says Warren Buffett
Insurers should welcome the opportunity for business growth provided by climate change, according to Warren Buffett, as he rejected calls for a resolution on climate disclosure.