Archive

Time has come to ready transition plan regulation, Carney says

Regulators internationally should start work to regulate transition plans of financial institutions and businesses to ensure such a regime is ready to govern reporting when these disclosures become commonplace, Mark Carney has said.

HSBC: Investors could plug the biodiversity financing gap

Investments in nature-based solutions could increase by hundreds of billions of dollars by 2030 with the right support, HSBC and South Pole tell Thomas Cox

SWEN blue ocean fund raises €150m

SWEN Capital Partners' Blue Ocean Fund has exceeded its target by raising a further €38 million in its latest funding round, taking total investment commitments to €150 million ($150 million).

Natural capital accounting report published

$100trn of investment needed to reach net-zero, report finds

Over $100 trillion is needed to 'green' the world's capital stock and reach net zero by 2050, a report by BNY Mellon and Fathom Consulting has found.

US banks 'have not indicated' intention to quit GFANZ, Carney says

Mark Carney has denied that several large US banks threatened to quit the climate finance group he co-chairs, adding that the CEOs of the banks "have not indicated to me any intention to do so".

FCA unveils measures to 'clamp down' on greenwashing

The UK's Financial Conduct Authority (FCA) has proposed a set of sustainability labels and restrictions to "clamp down" on greenwashing.

World Bank warns of SLB greenwashing risk from 'structural loopholes'

The World Bank encouraged the market to consider expanding the role of external reviewers for sustainability-linked bonds (SLBs) to cover their structure, after research identified "structural loopholes" which pose a greenwashing risk for the market.

Impax: Water to bubble under at COP27

Tackling water shortages will be a prominent theme of COP27, even if it is not part of the final agreement, Impax's Chris Dodwell tells Genevieve Redgrave

RepRisk, IBAT launch biodiversity tool for extractives

Swiss data firm RepRisk has launched a product for measuring the biodiversity impact of mining and oil & gas projects in a move it billed as a "ground-breaking" foray into location-based information.