Archive

  • State Street and JP Morgan leave CA100+

    16 February 2024

    The world's biggest climate engagement initiative suffered a blow after two of its biggest signatories walked away.

  • French regulator highlights lack of consistency and granularity in insurers' climate disclosures

    22 January 2024

    French life insurers' climate disclosures relating to their investment strategies are heterogeneous, incomplete and lack granularity, according to the French prudential regulator, Autorité de Contrôle Prudentiel et de Résolution (ACPR).

  • 'Absurdly cheap' renewables firms present buying opportunity, says GMO

    16 January 2024

    Clean energy firms are "ridiculously cheap", following a sell-off in recent months, according to GMO.

  • Dedicated transition funds 'needed to drive change'

    09 January 2024

    Dedicated "transition" strategies can help "preserve clarity" in the sustainable investment sector and drive real change in the economy, said Altius Asset Management (Altius AM),...

  • Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

    22 December 2023

    Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

  • EU building energy performance deal is 'game-changer' for renovation green bonds

    20 December 2023

    The draft final agreement on the EU Energy Performance of Buildings Directive (EPBD) could trigger a "renovation wave" among European bank green bonds, according to Dutch lender ABN Amro.

  • UK to study how it can be 'best place in the world' for transition finance

    20 December 2023

    An independent review has been launched by the UK government to study how it can "become the best place in the world for raising transition capital" with a mandate that identifies assurance of financial transactions among ways the market can grow "with integrity".

  • Banks' disproportionate lending to high-emitting sectors poses stability risks, ECB warns

    19 December 2023

    Eurozone banks lend "disproportionately" to high-emitting sectors and thereby risk financial instability, the European Central Bank (ECB) has warned, as it called for a tougher strategy to tackle such risks that could include increased capital requirements.

  • Call for EU to create 'taxonomy-aligning' benchmarks

    13 December 2023

    The EU Platform on Sustainable Finance has proposed 'taxonomy-aligning' benchmarks that would select constituents based on the percentage of their investments in activities aligned with the EU's taxonomy.

  • Eurazeo maritime climate upgrade fund targets $300m fundraise in 2024

    07 December 2023

    Eurazeo is planning to raise at least $300 million from its private debt, climate-themed upgrade fund for the maritime sector, which is expected to launch later in 2024.