Archive

  • Carney criticised for 'greenwashing' net-zero financial firm alliance

    07 October 2021

    Former Bank of England governor Mark Carney has been criticised by more than 90 non-governmental organisations that the Glasgow Financial Alliance for Net Zero (GFANZ) that he chairs provides a means for banks to 'greenwash' their activities.

  • The 'zero' challenge: offsetting

    11 August 2021

    Despite the weaknesses of carbon offsets, they remain a necessary tool for some investors as they plan for net zero emissions, write Chris Varco and Simon Hallett

  • Giant $12bn impact haul led by Carney, Paulson funds

    28 July 2021

    Climate-themed impact funds by private equity giant TPG and alternatives asset manager Brookfield have raised a combined total of $12.4 billion to invest in areas including renewable energy, transport and agriculture.

  • Insurance giants form Net-Zero Insurance Alliance

    12 July 2021

  • Carney: institutions to be asked 'are you in or out of GFANZ' pre-COP26

    07 July 2021

  • Aviva: OECD climate platform could reduce greenwashing

    04 June 2021

    Aviva Investors has renewed calls for an Organisation for Economic Co-operation and Development (OECD) climate finance platform it said could reduce greenwashing by encouraging investment in emerging markets.

  • Nature-based solutions carbon credit market Climate Impact X launched

    20 May 2021

  • Banks with $29trn in assets pledge to set 2050 'net zero' targets

    21 April 2021

    A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance', and in doing so pledged to "align operational and attributable emissions from their portfolios with pathways to net-zero by 2050 or sooner".

  • Brookfield raising $7.5bn net-zero impact fund, says Carney

    11 February 2021

    Brookfield Asset Management plans to raise as much as $7.5 billion for a 'net zero impact fund' that will aim to drive reductions in the greenhouse gas (GHG) emissions of the companies and assets in which it invests, Mark Carney has said.

  • Cautiously optimistic response to voluntary carbon blueprint

    28 January 2021

    A blueprint for scaling the voluntary carbon market was today cautiously welcomed as a development that will help boost confidence in carbon offsetting.