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Guy Carpenter warns of "growing protection gap" in flood-risk areas of US
14 July 2025Riverine flooding in Texas last week "underscores the growing protection gap in areas where flood risk is high, but perceived risk and insurance uptake remains low," according to a briefing note from Guy Carpenter yesterday.
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Forestry investors back natural capital accounting pilot
14 July 2025Major forestry investors including Climate Asset Management, Mercer and New Forests have joined a natural capital accounting pilot, along with the Taskforce on Nature-related Financial Disclosures (TNFD).
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HSBC quits NZBA
12 July 2025HSBC has become the latest bank to quit the Net-Zero Banking Alliance (NZBA).
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Nine banks in ECB's crosshairs for fines after failing to meet sustainability expectations
11 July 2025Nine "outlier" banks missed a deadline to satisfy minimum expectations on management of climate and other environmental risks and have been told they face potential fines from the European Central Bank (ECB).
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Financial innovation in the agri-food sector
11 July 2025New practices are needed to mitigate the climate and nature related risks in our food system, writes Daniel McQuillan
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Bank of England warns on 'carbon shocks'
11 July 2025The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.
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People Moves, 11 July: Clifford Capital, Japan FSA, BNY, Revaia_ ... and more
11 July 2025 -
Mars launches $250m climate solutions fund
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EFRAG plans increased cull of ESRS datapoints in 'drastic decision'
11 July 2025EU advisers have revealed plans to cut datapoints in the Corporate Sustainability Reporting Directive by about 66%, in a move it said involved a "drastic decision" to cull all 277 datapoints organisations are currently given the option to report.
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Voluntary carbon markets 'can't sustain' fragmentation, says Climate Impact Partners
11 July 2025Further consolidation is needed in the voluntary carbon markets, according to Climate Impact Partners, as it urged governments to better incentivise action.