Carney leads sustainable finance tributes to Queen Elizabeth II
The sustainable finance community has paid tribute to Queen Elizabeth II, after her death at the age of 96 ushered in the rein of outspoken environmentalist King Charles III.
Carney's Brookfield impact fund raises record $15bn
Brookfield Asset Management has raised $15 billion in the final close of its Global Transition Fund, making the Mark Carney co-managed fund the world's largest to be dedicated to impact investing.
GFANZ launches Asia-Pacific network
The Glasgow Financial Alliance for Net Zero (GFANZ) has launched its Asia-Pacific (APAC) network, which includes a regional office in Singapore and an advisory board.
Carney: Some fossil fuel investment justified
The transition to a net-zero carbon economy requires "nothing short of a revolution", although some limited investment in fossil fuels is justified in the short term, Mark Carney has said.
GFANZ lamented for 'no clear signs it has achieved anything'
A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.
Tokio Marine joins Net-Zero Insurance Alliance
Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA
Impact: areas to watch in 2022
Big-name players demonstrate the growing appeal of impact strategies - but calls for more credible evidence of impact continue to grow, Michael Hurley writes
COP26 outcome suggests private finance left to pick up climate slack
The final text of the climate agreement by countries at the UN climate summit in Glasgow represents only incremental progress on previous conferences and leaves considerable slack for private finance to pick up on the path to net zero, according to commentators.