News

EU Commission launches nature credit programme to scale private finance

The European Commission has launched a programme to scale nature credits in the EU in a bid to ramp up private investment into nature recovery.

Sustainable real estate: 'We're now seeing deals with really attractive prices'

The manager of a social real estate strategy said it is now seeing deals at attractive prices following the fall in interest rates, adding that the asset class can help shield investors from geopolitical uncertainty.

'Immature' methodologies mean Scope 3 categories should get ISSB pass, industry says

Major insurers and asset managers said 'immature' assessment frameworks meant they should be allowed to omit a range of Scope 3 greenhouse gas (GHG) emissions disclosures when meeting International Sustainability Standards Board (ISSB) standards.

JP Morgan's Kinexys testing tokenised carbon credits

JP Morgan's blockchain division, Kinexys, is developing tokenised voluntary carbon credits in a bid to reduce inefficiencies and market fragmentation.

Commission adopts EU taxonomy reporting cuts despite data accessibility concerns

The European Commission has adopted cuts to EU taxonomy reporting that will "reduce administrative burden" for companies and financial institutions, including to templates it said would reduce datapoints lenders must report by 89%.

EIB: GCF investment 'significant boost' to Global Green Bond Initiative

The Green Climate Fund's (GCF) investment in the Global Green Bond Initiative (GGBI) will boost "its strong potential to help countries mobilising climate finance at scale", according to the European Investment Bank (EIB).

Virgin Money plans to increase lending to 'changemakers'

UK lender Virgin Money will increase the amount of sustainability-linked loans and other lending to businesses whose core goods and services accelerate social and environmental change, to help it meet its sustainable lending targets.

People Moves, 4 July: ResponsAbility, Morningstar, Riyad Bank, Aegon ... and more

Creating products with positive nature impact still 'challenging', says Triodos IM

Creating financial products which deliver positive impacts for nature and biodiversity is still "challenging", according to Triodos Investment Management, as it prepares a natural capital fund with Fondaction.

Renewables will be less big and beautiful after Trump bill

"The lack of available, scalable, and cost-competitive alternatives will ensure that investment in clean energy technologies continues," after US President Donald Trump's tax-and-spending bill, albeit at a slower pace than before.