• SBTi board faces resignations and staff ire after change to carbon credit stance

    12 April 2024

    The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

  • World Bank releases 'game-changing' streamlined impact metrics

    11 April 2024

    The World Bank has released a new impact outcomes 'scorecard' which will be deployed across all its institutions for the first time, which was described as "game-changing" for the development bank.

  • European Parliament approves 'world first' carbon removal certificate

    11 April 2024

    The European Parliament has formally approved a certification framework for carbon removal projects, but carbon market participants have warned this does not go far enough.

  • IFC backs BNPP Poland with $548m sustainable significant risk transfer

    10 April 2024

    BNP Paribas Bank Polska (BNPP Poland) has agreed a $548 million synthetic significant risk transfer transaction (SRT) with the International Finance Corporation (IFC) which will help it to issue sustainable loans.

  • Fidelity raises €200m from first close of real estate climate impact fund

    08 April 2024
  • IASB could approve 'new net zero accounting standard' this month

    08 April 2024

    A proponent of a 'new net zero accounting standard' is confident the International Accounting Standards Board (IASB) will adopt it this month.

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

    05 April 2024
  • BRD secures first sustainability-linked risk transfer deal with IFC

    04 April 2024
  • Mediolanum adds two 'multi-manager' ESG funds

    19 March 2024
  • BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations

    19 March 2024

    A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.