Archive

UK group readies guidance on credible transition finance

A UK-based Transition Finance Council is preparing to publish draft 'guidelines for credible transition finance' for consultation next week, whose chair says aim to show a "base case" for determining which entities are progressing in the energy transition.

Mizuho: Nature bond growth a 'natural next step' after 'symbolic' Japan debut

Japanese interest in the newly introduced 'nature bond' sub-label is off to a strong start amid the highly "symbolic" inaugural transaction from Nagoya City and growing momentum behind the critical sustainable finance theme, according to Mizuho Securities.

Bezos Earth Fund: 30x30 target only achievable with private funding and High Seas ratification

The Global Biodiversity Framework's 30x30 target has "collectively raised ambition", according to the Bezos Earth Fund, but it can only be achieved once policy moves in the right direction.

Climate-related legal risk being priced into loans, suggest ECB researchers

Climate-related legal risk is becoming systematically priced into corporate lending decisions, with companies targeted by lawsuits paying "significantly higher spreads" on their bank loans, according to researchers at the European Central Bank (ECB).

Rise of sustainability-linked pay undermined by unambitious targets, research says

Schroders developing 'bespoke' nature products

Schroders has told Environmental Finance that it is looking to expand its nature proprietary assessment model, NatCapEx, using it to build bespoke products and strategies.

UBS withdraws from NZBA

Swiss bank UBS has withdrawn from the Net-Zero Banking Alliance (NZBA) following an annual assessment of its sustainability- and climate-related memberships.

Standard Chartered partners with Brazilian state for carbon credit programme

Standard Chartered has partnered with the Brazilian state of Acre to sell credits over the next five years from jurisdictional forestry projects, its first partnership below the government level.

New Zealand regulator flags inadequate identification of climate risks in reporting

EBA tells supervisors not to enforce ESG rules amid Omnibus uncertainty