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Investor group urges banks to set enhanced net zero targets

CIP raises €7bn from largest greenfield renewable energy fund

Financing costs fall for renewable power projects, soar for coal

UK FCA appoints newly created ESG head after remit change

$31bn Yale endowment sets climate 'principles', readies divestments

MSCI 'commits to net-zero prior to 2040'

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.

Lightrock takes 10% stake in South Pole

Impact investment manager Lightrock has bought a 10% stake in climate-themed project developer South Pole for a "double-digit-million-euro" sum.

News round-up: JP Morgan and Citi boost sustainable financing targets, DBS plots coal exit, Shell signs carbon credit deal

JP Morgan makes $2.5trn sustainable development financing target