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Report points to difficulties in assessing insurance impact of climate change
30 June 2017The build-up of greenhouse gases in the earth's atmosphere is expected to lead to more frequent and intense weather events, but there remains a good deal of uncertainty about the forecasts, according to AIR Worldwide.
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Mirova to buy Althelia Ecosphere
29 June 2017Sustainable investment specialist Mirova has agreed to buy conservation finance specialist Althelia Ecosphere as it looks to gain a leadership position in natural capital, which it describes as "the next frontier of impact investment".
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Mark Carney: It doesn't matter whether the G20 supports the TCFD
29 June 2017The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) will gain traction even if they are not officially backed by the G20, Mark Carney has claimed.
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Link remuneration to climate risk, says TCFD
29 June 2017A key update in the final recommendations of the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) is a call to link climate-related risks and disclosure play in remunerations.
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Final TCFD report supported by investors with $25trn
29 June 2017The Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has released its final report, with the public support of investors with roughly $25 trillion in assets under management. Other businesses with a combined market capitalisation of approximately $3.5 trillion have also supported the recommendations.
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WHEB to manage Australian sustainability fund
29 June 2017WHEB Asset Management will take over the management of an Australian sustainability fund.
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Solactive and Candriam launch responsible indexes
28 June 2017Index provider Solactive and asset manager Candriam have developed sustainable and responsible indexes and funds trading them.
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Green bond round-up, 28 June 2017
28 June 2017New York's Metropolitan Transportation Authority (MTA) is set to issue its fourth green bond this year, hoping to raise $500 million, which will make it the largest municipal issuer in the world.
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East Capital launches Sustainable Emerging Market Fund
27 June 2017Swedish asset manager East Capital is set to launch a new environmental, social and governance (ESG) aligned emerging market fund.
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The legal risks of reporting climate risks
27 June 2017The Task Force for Climate-related Financial Disclosures' recommendations were widely welcomed by the market. But are there legal risks attached to their implementation, asks Hamza Ali