Financial institutions urged to identify 'biodiversity mismatch' investments
Financial institutions have been urged to identify if their investments occur in 'biodiversity mismatch' areas, to help increase investments into nature-positive projects.
Biodiversity credits - the next big environmental market?
Biodiversity credits are potentially a powerful financial tool for boosting nature, but could be as controversial as carbon credits, Thomas Cox writes
$42trn investor group tells governments to act on methane pledge
602 investors representing about $42 trillion in assets under management have called on governments ahead of COP27 to implement five policy actions, including committing to implement the Global Methane Pledge.
Pushback on ESG is a 'denial of capitalism'
The recent pushbacks on ESG in the US have had an impact on financial market participants and whilst it would be "lovely to ignore it, we have to take it seriously", according to Ivan Frishberg, chief sustainability officer at Amalgamated Bank.
Cbus leaves NZAOA
Australian fund Construction and Building Unions Superannuation (Cbus) has left the Net Zero Asset Owner Alliance (NZAOA) voluntarily so it can focus its resources on its "internal activities"
COP27: Governments should align with private sector climate progress
Ahead of COP27, Eric Usher says he hopes governments will talk the same language as the private sector on sustainability, as they look to step up scrutiny of net-zero targets. Genevieve Redgrave reports
Microsoft among buyers of blue carbon credits from giant mangrove project
Microsoft and Trafigura are among the buyers of the first three million carbon credits to be generated by the world's largest mangrove restoration project.
Insurers begin long countdown to net zero - part two
Some of the world's biggest insurers have joined the Net-Zero Insurance Alliance. But should they still be underwriting fossil fuels, asks Thomas Cox
Insurers begin long countdown to net zero
Some of the world's biggest insurers have joined the Net Zero Insurance Alliance. What challenges have they confronted so far, asks Thomas Cox