Archive

  • Von der Leyen wins re-election with pledge to 'stay the course' on Green Deal

    18 July 2024

    Ursula von der Leyen has won re-election as president of the European Commission, pledging to "stay the course" on the European Green Deal she helped forge in her first term at the helm and set a tough new emissions reduction target.

  • Central banks battling 'major data challenges' on nature, warns FSB

    18 July 2024

    Central banks and regulators' attempts to understand nature risks are being hindered by "major data and modelling challenges", the Financial Stability Board has warned.

  • S&P extends 'shades of green' to transition plan assessments

    18 July 2024

    S&P Global Ratings has extended its 'shades of green' methodology for judging labelled bonds to assess the credibility of companies' climate transition plans, with the launch of a product it said would help companies attract "transition finance".

  • CBI certification 'very difficult' for Japanese transition bonds

    18 July 2024

    Japan has confirmed it is not looking to certify its upcoming transition bonds with the Climate Bonds Initiative (CBI) due to challenges posed by its diverse framework, including around funding innovative start-ups.

  • UNEP FI launches resources for banks to benefit from the circular economy

    18 July 2024

    The UN Environment Programme Finance Initiative (UNEP FI) has launched a series of resources designed to help banks and clients implement circularity within their businesses and portfolios.

  • Financial risk from climate damage may be underestimated by over 80%

    17 July 2024

    Financial losses from climate physical risk could be significantly underestimated, underlining the need for more granular asset-level data in climate risk assessment and stress testing, according to new academic research.

  • Environmental Finance publishes second Sustainable Loans Insight

    15 July 2024

    Environmental Finance has published its Sustainable Loans Insight (SLI) 2024 report, the second edition of its free-to-read sustainable lending analysis and discussion report.

  • Piecemeal rollback of sustainability rules more likely than review of CSRD, observers say

    15 July 2024

    A full review of the EU Corporate Sustainability Reporting Directive (CSRD) to reduce the reporting burden on corporates is unlikely, but a more politically conservative European Parliament could see a piecemeal rollback of regulations, a lawyer has said.

  • Climate change adaptation has 'picked up' in sustainable bond market

    15 July 2024

    The identification of 'climate change adaptation' use-of-proceeds in sustainable bonds has "picked up" over the last couple of years, according to Environmental Finance Data (EF Data).

  • Sovereign sustainable bond issuance 'on track' for another record year

    15 July 2024

    Sovereign sustainable bonds are "on track" for another record year of issuance in 2024 after another strong quarter with a record-breaking market share, according to Environmental Finance Data.