Archive

Methane: the financial sector's blind spot

The financial sector must step up and play a more active role in addressing methane emissions, including those from agriculture, write Alma Castrejon-Davila and Peter Elwin

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.

Hub targeting €650bn raise for EU cities' transition

An EU-backed hub has been launched to raise €650 billion towards transitioning over 100 cities to net zero, with plans to attract private capital through green bonds or local funds.

TransitionArc launched to 'supercharge' transition plan analysis

CDP, Transition Pathway Initiative (TPI) and the Science Based Targets initiative (SBTi) have collaborated with Climate Arc to launch a "one-stop tool to assess corporate transitions" that a senior executive said would "supercharge" such analysis.

PRI concludes legal impact insight series

$15trn of investors back PRI's deforestation engagement initiative

Investors including UBS and APG have joined the Principles for Responsible Investment's (PRI) newly launched nature engagement initiative, SPRING, which will target 40 companies globally on their deforestation lobbying activities.

ICMA, LMA release 'sustainability-linked loan bond' guidance

Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.

WBCSD publishes avoided emissions guidance

The World Business Council for Sustainable Development (WBCSD) has urged investors not to use avoided emissions to claim carbon neutrality, in its recently published "first guidance" for private markets on avoided emissions calculation and reporting standards.

SBTi urged by nature investors to allow offsets

A group of prominent nature investors and conservation advisers have urged the Science-based Targets initiative (SBTi) to allow offsets within transition plans and proposed key principles to ensure 'guardrails' are put in place.

People Moves, 21 June: GEF, TNFD, GRI, S&P Trucost, UBS ... and more