• Carney launches Climate Financial Risk Forum

    28 September 2018

    The 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.

  • TCFD exceeds target of 500 supporters

    26 September 2018

    A total of 513 organisations have now expressed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), beating the secretariat's target of 500 by the end of this year.

  • Investors offered tool to model low-carbon transition risk

    08 June 2018

    A modelling tool to help investors and regulators assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments, has been launched by the ClimateWise Insurance Advisory Council.

  • Could blockchain save the planet?

    24 April 2018

    Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.

  • TCFD targets 500 backers before autumn

    19 April 2018

    The Task Force on Climate-related Financial Disclosures (TCFD) secretariat has set a goal for 500 companies to commit this year to implement the recommendations, and has the backing of the Governor of England, according to Bloomberg.

  • EBRD working group to present TCFD physical risk guidance

    19 April 2018

    A working group to advance the Task Force on Climate-related Financial Disclosure (TCFD)'s guidance on physical climate risk will present its findings next month.

  • Natural catastrophes in 2017 hit insurers hard

    10 April 2018

    Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.

  • Banque de France calls for 'brown penalising factor'

    09 April 2018

    The idea of raising capital requirements on assets with high sustainability risks, by means of a so-called 'brown penalising factor', has won support from François Villeroy de Galhau, governor of the Banque de France.

  • Banking on a changing climate?

    05 April 2018

    Climate change poses a significant threat to banks. How big is their exposure to climate risks, and what are they doing to mitigate them, asks Peter Cripps

  • Climate-related disclosure: a new dawn

    21 March 2018

    Numerous developments are helping to drive improvements in corporate reporting of non-financial issues and to raise investor expectations, says Adams Koshy.