Archive

ECB 'will draw on full supervisory toolkit' to correct banks' climate risk mismanagement

The European Central Bank (ECB) has placed Eurozone banks on notice that, where it sees that they "are not managing their exposures to climate-related risks in an adequate manner, we can and will draw on the full supervisory toolkit at our disposal to correct that situation".

Brunel launches £945m 'responsible investment' private debt portfolio

The £30 billion ($42 billion) Brunel Pension Partnership has launched a £945 million private debt portfolio intended to "push the boundaries of responsible investment in direct lending"

German court backs 'globally remarkable' climate law complaint

The German Federal Constitutional Court has decided that the 2019 climate change act violated the freedoms of the young complainants by offloading the majority of the carbon emissions reductions to after 2030, in a decision described as "globally remarkable new standard for climate protection as a human right"

Lack of legislation on sustainable bonds - opportunity or disadvantage?

Adhering to established market practices is the best way to avoid greenwashing before the market becomes more tightly regulated, argue Massimiliano Danusso and Francesca Marchetti

How can we finance climate adaptation? Nature-based solutions to the Americas' climate change risks

The concepts of 'natural capital' and 'nature-based solutions' are gaining attention among public and private sector issuers who can adapt to climate change and biodiversity risks with the help of green or sustainability-linked debt

2020 saw dip in emerging market impact fund launches, Phenix data show

Just 59 emerging market impact funds were launched last year - compared with 90 funds in 2019, and 58 in 2018, according to data provided by Phenix.

The end of "non-financial" reporting and the quest for sustainability standards

Marcio Viegas outlines five actions that need to be taken to make business and finance more sustainable

News round-up: Sarasin, NGFS and UK Treasury

Sarasin pushes for stronger net-zero targets from Shell and BP

Nuveen raises $575m with 'impact' debt fund IPO

Nuveen has raised $575 million through the initial public offering (IPO) of a debt fund that it claims to be the first positive-impact, closed-end fund.