News

• Ireland readies sovereign green bond

  10 September 2018

  The Republic of Ireland is preparing to issue its first green bond, as it looks to forge a reputation as a global leader in green finance.

• UN talks make slow progress on key carbon market questions

  10 September 2018

  Delegates returning from last week's UN climate change talks in Bangkok reported modest progress but numerous sources of disagreement on how market mechanisms could help achieve the goals of the Paris Agreement.

• Majority of world’s largest pension funds neglect climate risk, says AODP

  10 September 2018

  Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate change, potentially putting them at risk of breaching their fiduciary duty to savers, according to a study by the Asset Owners Disclosure Project (AODP).

• RGGI allowance price jumps to two-year high in latest auction

  10 September 2018

  Emission allowances in the US Regional Greenhouse Gas Initiative (RGGI) hit a two-year high clearing price of $4.50 in the latest quarterly auction.

• Typhoon Jebi could cost insurers up to $4.5bn, says analysts

  10 September 2018

  Insured losses from typhoon Jebi will be between $2.3 billion and $4.5 billion, according to risk modelling firm AIR Worldwide.

• People Moves: Barclays, Mirabaud Asset Management and Quaero Capital

  07 September 2018

  Barclays has expanded its green banking team with a new employee and an appointment. Victoria Land (maiden name Clarke) will lead debt capital markets origination in socially responsible investing (SRI) and green bonds as director from November. Rhian-Mari Thomas has been appointed as global head of green banking.

• NBIM urges better ocean sustainability management

  07 September 2018

  Companies have been urged to take into account the challenges and opportunities related to sustainable use of the world’s oceans by the asset manager of the world’s largest sovereign wealth fund.

• NextEra yieldco to pay $1.3bn for renewables assets in dropdown deal

  07 September 2018

  NextEra Energy Resources has agreed to sell a 1.39GW portfolio of renewables assets to its parent company’s yieldco, for a sum of $1.275 billion.

• Generali to acquire French asset manager Sycomore

  07 September 2018

  Italian insurance group Assicurazioni Generali has entered into exclusive negotiations to acquire a majority stake in French asset manager Sycomore.

• Willis Towers Watson develops 'mainstream' ESG strategy with MSCI

  06 September 2018

  Willis Towers Watson has developed a “mainstream” equity environmental, social and governance (ESG) strategy.