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Climate concerns spur US Democrats to open inquiry into Florida insurance ratings

Three Democrat lawmakers have opened an inquiry into Demotech to assess whether its insurance ratings reliably measure exposure to climate-related risks in the state of Florida.

ESG news round-up: BMO secures engagement mandate, NextEnergy makes maiden Portuguese investment, IETA urges UK ETS and more

Democrats call for up to $50bn of sovereign US green bonds for new bank

Several Democrat senators are calling on the US Treasury to issue $10 billion of green bonds to set up a federal green bank.