News

• India, Paris and EIB add $2bn to green bond market

  03 July 2017

  The European Investment Bank (EIB), has issued a €1 billion ($1.124 billion) Climate Awareness Bond maturing in 2047.

• 'Mainstream' ESG growing in importance for investors, says Pimco

  03 July 2017

  Environmental, social and governance (ESG) criteria are entering the investing mainstream and will continue to grow in importance, according to Pimco, manager of the world's largest bond fund.

• Allianz says policy changes needed to boost renewables investment

  03 July 2017

  The G20 countries need to roughly double their annual investments in renewables and power infrastructure to meet the 2oC global warming goal of the Paris Agreement on climate change, according to German insurer Allianz.

• Bridges closes £220m property fund

  30 June 2017

  Sustainable and Impact investor Bridges Fund Management has closed its latest social and environmental property fund on £220 million ($285 million).

• People moves: GIIN, CMIA, Church Commissioners, GCF

  30 June 2017

  The Global Impact Investing Network (GIIN) has promoted Giselle Leung to managing director.

• Report points to difficulties in assessing insurance impact of climate change

  30 June 2017

  The build-up of greenhouse gases in the earth's atmosphere is expected to lead to more frequent and intense weather events, but there remains a good deal of uncertainty about the forecasts, according to AIR Worldwide.

• Mirova to buy Althelia Ecosphere

  29 June 2017

  Sustainable investment specialist Mirova has agreed to buy conservation finance specialist Althelia Ecosphere as it looks to gain a leadership position in natural capital, which it describes as "the next frontier of impact investment".

• Mark Carney: It doesn't matter whether the G20 supports the TCFD

  29 June 2017

  The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) will gain traction even if they are not officially backed by the G20, Mark Carney has claimed.

• Link remuneration to climate risk, says TCFD

  29 June 2017

  A key update in the final recommendations of the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) is a call to link climate-related risks and disclosure play in remunerations.

• Final TCFD report supported by investors with $25trn

  29 June 2017

  The Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has released its final report, with the public support of investors with roughly $25 trillion in assets under management. Other businesses with a combined market capitalisation of approximately $3.5 trillion have also supported the recommendations.