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UN's 'Race to Zero' campaign launches finance sector expert group
14 January 2021The Race to Zero campaign launched by the United Nations Framework Convention on Climate Change (UNFCCC) has formed a finance sector expert group (FSEG) to develop "consistent, fair, and rigorous" guidelines for assessing which financial firms should be eligible to join the initiative..
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Bank of England hoax claims fossil fuel exclusion from asset purchase fund
07 December 2020A hoax Bank of England (BoE) press release falsely announced the central bank will exclude firms that are most exposed to climate risk from its £20 billion ($27 billion) corporate bond purchase programme.
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ESG in Fixed Income Europe 2020 conference: Day one round up
12 November 2020The annual conference is being held virtually this year and attracted over 600 delegates on its first day
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Sustainability-linked bonds are 'more powerful than green bonds'
12 November 2020ESG in Fixed Income Europe 2020 conference: The 'use of proceeds' model adopted by most green bonds came under attack, amid allegations that it is susceptible to 'greenwashing'.
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Defining transition finance: how to be inclusive yet specific
28 September 2020Transition finance has garnered a lot of attention, but the challenge of delineating what exactly it is remains unresolved. Three recent reports try to balance the need for the definition to be both broad enough to be inclusive, yet specific enough to protect the instruments from claims of greenwashing. Ahren Lester reports.
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Better private sector ESG performance boosts national economic growth
03 June 2020The improvement in environmental, social and governance (ESG) practices by private sector firms positively impacts national growth in both developed and emerging economies, an academic paper reported.
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People Moves, 6 March: DG FISMA, ResponsAbility, Carbon4 Finance
06 March 2020 -
US regulator unveils climate risk expert group
15 November 2019The regulator of the US futures and options markets has appointed a 35-member committee of experts to assess the risks posed by climate change to the financial markets.
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Caldecott appointed senior advisor to UK Green Finance Institute
20 August 2019Ben Caldecott has been appointed senior advisor to Rhian-Mari Thomas, the CEO of the UK’s Green Finance Institute.
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Carney launches Climate Financial Risk Forum
28 September 2018The UK's Prudential Regulation Authority (PRA) is to step up its oversight of climate change after a survey revealed that only 10% of banks are treating the issue as a strategic risk.