The Platform on Sustainable Finance (PSF), the technical body appointed by the EU to advise it on developing its sustainable finance action plan, has expressed "deep concerns" over a leaked draft taxonomy of sustainable activities drawn up by the European Commission.
Companies are not cutting their emissions fast enough to hit their own 2030 or 2050 emissions reductions targets, according to the Transition Pathway Initiative (TPI).
Hopes are high that the first sustainability-linked green bond in Japan will spark a flurry of others, according to Mizuho Securities, amid expectations that sustainability-linked fixed income instruments will become the main sustainable bond product in the country in the future.
Social Loan Principles (SLP) have been published by the trio of industry associations that administer the widely used voluntary principles for green and sustainability-linked loans.
The National Bank of Belgium (NBB) is being sued by ClientEarth in a 'landmark' legal action to stop the central bank from funding fossil fuel firms through its bond buying programme, amid broader pressure from the environmental law charity on the European Central Bank (ECB) 'quantitative easing' policy.