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Indian central bank releases green deposit framework
13 April 2023The Reserve Bank of India (RBI) has released a framework for green deposits, in a bid to increase capital allocations towards green projects and counter greenwashing.
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Royal Bank of Canada ranked world's biggest fossil fuel financier
13 April 2023The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.
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Japan's largest banks hit by shareholder climate action
12 April 2023Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.
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Final days to apply for EF's Sustainable Investment Awards
11 April 2023Entries to Environmental Finance's annual Sustainable Investment Awards are open until 14 April 2023, which means this week is the last chance to apply.
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Chinese banks not shifting away from coal, says Sustainable Fitch
04 April 2023Despite a movement into 'cleaner' assets, Chinese banks have yet to shift away from coal, which risks leaving many with stranded assets, Sustainable Fitch has said.
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SocGen biodiversity-screened indexes expand with Japanese focus
03 April 2023Solactive has focused on Japan in an expansion of its Société Générale-licensed biodiversity-screened index series with three new indexes, informed by Iceberg Data Lab.
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Indian regulator approves ESG reporting system, ESG ratings regulation
03 April 2023The Indian securities market regulator has approved plans for a new 'streamlined' ESG reporting system and regulation of providers of ESG ratings in a bid to increase confidence in disclosures.
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Australian emissions cap will 'unlock investment', say investor groups
31 March 2023The tightening of Australia's emissions cap will lead to genuine emissions reductions and "unlock investment" in emerging industries, financial institutions representatives told Environmental Finance.
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'Ugly future' ahead without rapid government action, warns LGIM
30 March 2023Without rapid action by governments to create an orderly transition, there may be an "ugly future" ahead and "disastrous consequences" for the financial sector, Legal & General Investment Management has warned (LGIM).
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Australian regulator urged to investigate ANZ
29 March 2023The Australian regulator has been urged to investigate ANZ over claims it misled investors on a climate resolution at its annual general meeting.