Archive

Australia sued for not incorporating climate risk into sovereigns

In a global first, a lawsuit has been filed accusing Australia's federal authorities of breaching their duty of disclosure, and misleading and deceiving investors, by failing to disclose climate risk when issuing sovereign bonds.

Five takeaways from Guernsey's Sustainable Finance Week

The recovery from Covid-19 will not be merely about seeking to restore the old normal, but will be seen as the chance to create a new order, argues Tim Hames

Renewables webinar: 'Risk is easy to get wrong'

The renewables sector requires better risk assessment and corporate willingness to enter into lasting partnerships, according to industry professionals.

Green and sustainability-linked loan round-up: WDP, Suominen, Acerinox, Downing

Bond round-up: KfW, TenneT, Terna, De Volksbank ... and more

The case for a Task Force on Nature-related Financial Disclosures

The finance sector has responded strongly to climate-related risks. Now it must do the same for nature-based risks, says Lord Goldsmith.

Biotech impact fund achieves $265m first close

An 'impact medicine fund' targeting investments in novel treatments for diseases that have until now been underserved has raised $265 million at first close.

Danish pension fund commits $50m to Nuveen impact strategy

Nuveen has raised $150 million at first close of its private equity Global Impact Strategy, including $50 million from Denmark's Velliv.

Morgan Stanley backs effort to align financial sector with the Paris Agreement

Morgan Stanley has become the first US-based global bank to join the Partnership for Carbon Accounting Financials (PCAF) which aims to help financial institutions align their portfolios with the Paris Agreement on climate change. It has also committed to start measuring and disclosing the greenhouse gas emissions from its lending portfolio.

Environmental Finance launches database of 'sustainable' loans

A database of information about green and sustainability-linked loans (SLLs) has been launched by Environmental Finance, in response to recent developments in the sustainable debt market.