Proposed UK carbon market will be 'more ambitious' than EU system
The UK government has outlined plans for a domestic cap-and-trade market in carbon emissions, which it says will show "greater climate ambition" than the EU carbon market.
The UK government has outlined plans for a domestic cap-and-trade market in carbon emissions, which it says will show "greater climate ambition" than the EU carbon market.
Dutch offshore contracting firm Van Oord has secured its inaugural green loan to finance three liquefied natural gas (LNG)-fuelled dredging vessels in a bid to reduce the emissions of its fleet.
Specialist sustainability data providers including ISS ESG are aware of the "enormous demand" for products that focus on assessing positive and negative impact of investments, according to the company.
Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.
The short-term outlook for EU Allowances is bearish, despite some bullish technical signals, says Tom Lord*
Less than half of green bond funds were ranked as leaders in terms of their environmental, social and governance (ESG) credentials, according to MSCI ESG Fund Ratings.
The British territory of Guernsey has launched a set of voluntary green private equity principles, which, it says, are aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the EU Taxonomy on Sustainable Finance.
In light of many allowances remaining unsold in the May auction, new supply-side mechanisms could be introduced which could be bullish for prices, says Nicolas Girod*.
Exponential growth in Australian investments targeting positive social and environmental impact as well as financial returns could propel the overall size of the market to more than AUD100 billion ($67.3 billion) by 2025, according to the Responsible Investment Association Australasia (RIAA).
Sustainalytics has defended its decision to give a second party opinion to a green bond for general corporate purposes, reigniting the debate about whether so-called pure-play companies should be able to access the market.