Archive

$8.7trn investor group commits to tackling deforestation

More than 30 financial institutions with over $8.7 trillion in assets have pledged to tackle deforestation.

Nordic and UK pensions pledge $130bn climate investments

Nordic and UK pension funds have committed to allocate $130 billion to clean energy and climate investments by 2030.

World Bank initiative calls on COP26 to urgently set 'true price' on carbon

COP26 round-up, 1 November: G20, Italy and New Zealand

A brief summary of the biggest news so far as COP26 kicks off in Glasgow.

NZAMI attracts criticism for interim targets

The Net Zero Asset Managers Initiative (NZAMI) has come in for criticism after it emerged that one of its early signatories has only set 2030 targets for a fraction of its assets.

$52trn investor group demands governments improve climate goals

IGCC: Australian 2030 climate target is 'deep concern to investors'

Australia's failure to commit to an ambitious target for decarbonising by 2030 risks blocking billions of dollars of investment, the Investor Group on Climate Change (IGCC) has said.

ABP to sell €15bn of fossil fuel holdings on climate grounds

Dutch pension fund ABP will divest from all producers of oil, gas and coal, a segment of its portfolio valued at €15 billion ($17 billion)...

Moody's: $14trn of G20 bank loans have high transition risk

Almost one fifth of G20 banks' loans (19%) totalling $14 trillion are subject to high risk from the impact of measures taken to adapt to a low-carbon economy...

Aegon to launch Global Sustainable Sovereign Bond Fund at COP26

Aegon Asset Management and Aegon UK have partnered with the Global Ethical Finance Initiative (GEFI) to introduce the new Aegon Global Sustainable Sovereign Bond Fund at COP26.