ICMA publishes blue bond guide in 'big step forward' for market
A long-anticipated blue bond guide has been published, in a "big step forward" for the development of the water-focused sustainable bond market.
COP27: Net-Zero Banking Alliance calls for banks to plug gaps in targets
The UN-convened Net-Zero Banking Alliance (NZBA) has called for accelerated action by its bank members after its first progress report revealed gaps in target-setting in key areas.
COP27: Governments should align with private sector climate progress
Ahead of COP27, Eric Usher says he hopes governments will talk the same language as the private sector on sustainability, as they look to step up scrutiny of net-zero targets. Genevieve Redgrave reports
UNEP FI urges investors to tackle ocean pollution
The UNEP FI has launched guidance to enable private and public institutions to align their decision-making with 'sustainable' marine practice and tackle ocean pollution.
G20 should adopt 'science-based definition of net-zero', UNEP FI recommends
The UN Environment Programme Finance Initiative (UNEP FI) has set out 11 recommendations for "credible" net-zero commitments from financial institutions.
Investors worth $46trn call for stronger policies ahead of COP26
587 investors with $46 trillion in assets under management are urging governments to implement five policy actions...
News round-up: PRI, UNEP FI, DWS and more...
UN's Principles for Responsible Banking tightens signatory scrutiny
Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.
$35trn investors urge governments to step up climate change action
Institutional investors with $35 trillion in assets under management (AUM) have urged the world's governments to do more to tackle climate change ahead of next week's UN climate action summit.