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German government urged to work with France to build on UK transition plan work
19 February 2024The German government has been told to work with France and the UK Transition Plan Taskforce (TPT) to build common expectations on corporate disclosure of climate transition plans, by a government-mandated expert group.
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Climate risk among changes to ECB guide on banks' capital requirements calculations
19 February 2024Climate-related risks are among revisions to a guide by the European Central Bank (ECB) on how it expects banks to meet rules on calculating capital requirements for credit risk.
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JETPs suffer from "insufficient new finance"
15 February 2024There are "insufficient quantities" of new finance for Just Energy Transition Partnerships (JETPs), the Rockefeller Foundation has said, warning that the current structure faces "significant challenges".
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Tackling climate risks among priorities of ECB's top supervisor
14 February 2024The eurozone's top banking supervisor has warned that "banks will not be immune to risks and unexpected events", including those linked to climate change, as she pointed to a period of greater uncertainty that could impact their profitability.
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Domestic Chinese sustainability-linked bond market 'lacking credibility'
14 February 2024Chinese onshore sustainability-linked bond (SLB) issuance fell in 2023 after a record 2022 as issuers were "less incentivised" to offer material and credible structures for investors, according to Sustainable Fitch.
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Green bond investors eschew EDF 'nuclear' green bond
14 February 2024Dedicated green bond investors largely avoided the ground-breaking 'nuclear' green bond from French energy firm EDF, according to Barclays - but there was "good demand" from sustainable investors more widely.
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Chinese exchanges consult on ISSB-style disclosure expectations
13 February 2024Listed companies in China are to be required to explain results of climate-related scenario analysis under disclosure 'guidelines' published by Beijing, Shanghai and Shenzhen stock exchanges.
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UK introduces 'game changing' mandatory biodiversity credit legislation
12 February 2024The UK government has introduced legislation which mandates the use of biodiversity credits for building developers, with investors saying this is a "game changer" for nature investment.
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Barclays: Investors expect more sovereign SLB issuers in 2024
12 February 2024A majority of investors are expecting new sovereigns to issue sustainability-linked bonds (SLBs) in 2024, according to a Barclays survey - despite reservations about the performance-based instrument.
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Investors urge Exxon to drop 'silencing' climate action lawsuit
09 February 2024Investors have urged ExxonMobil to drop a lawsuit against shareholders who filed a resolution calling on the oil major to set more ambitious emissions reductions targets.