Archive

US flood risk analysis reveals 'material blind spot' for investors

A new flood data tool has revealed that an average of 60% of losses in the US mainland occur outside federally defined zones, meaning that investors' exposure may be "materially underestimated, putting portfolios at risk".

US withdrawal from Paris Agreement to increase risk to insurers, EIOPA warns

The EU's insurers face increased sustainability-related risk exposure in the next 12 months, linked to the US withdrawals from the Paris Agreement and the World Health Organization (WHO), according to the EU's pensions and insurance regulator.

Virgin Money makes first green real estate loan

Spin Ventures targets £50m for new fund

Spin Ventures is aiming to raise £50 million ($67 million) with its latest early-stage climate tech fund, Loop 2, the investor has told Environmental Finance.

NPI's nature metrics to begin pilot testing

Around 40 companies and financial institutions are to begin a six-month period of pilot testing state of nature metrics developed by the Nature Positive Initiative (NPI).

RBC's ditched target feeds debate on chilling effect of Competition Act

RBC's decision to ditch a CAD500 billion ($363 billion) 'sustainable finance commitment', citing recent changes to Canada's anti-greenwashing rules, has fed debate about how such rules can be effective without having a chilling effect on disclosures.

Ara Partners raises $800m for debut infra fund

Eiffel backs German renewables developer with €20m

ResponsAbility returns to Côte d'Ivoire with €35m investment

BNPP backs solar storage data provider through €172m fund