News

Taxonomy cuts to 'significantly damage' sustainable investment market, warn EU advisers

The EU has been warned by its expert advisers that proposed cuts to its sustainability taxonomy will have negative 'ripple effects' on the Sustainable Finance Disclosure Regulation (SFDR) and constrain the market for sustainable and transition investments.

Sustainable debt round-up: IBRD, SEB, Stack Infrastructure ... and more

Golding closes debut impact fund of PE funds shy of target

Golding Capital Partners has closed its first impact private equity fund after raising €115.5 million ($124.7 million), significantly lower than its initial €300 million target.

Trade associations launch 'refreshed' sustainable loan principles

Influential loan market associations have published an updated set of the widely used sustainable loan principles, with the most substantial changes made to the Sustainability Linked Loan Principles (SLLP).

UK government recommits to BNG

UK Environment Minister Steve Reed has recommitted to Biodiversity Net Gain (BNG) requirements amid concerns that the 'landmark' legislation could be dropped.

National Wealth Fund must bridge UK transition financing gap, says Phoenix

The UK's National Wealth Fund needs to bridge the financing gap between transition-focused local infrastructure projects and institutional investors, one of the UK's biggest pension providers has argued.

Reliance on taxonomy would be ill-advised in overhauled SFDR, ICMA tells EU

The EU has been warned against a 'potentially reductionist approach' overly relying on its taxonomy at the expense of the theme of transition in an overhauled Sustainable Finance Disclosure Regulation (SFDR) by the International Capital Market Association (ICMA).

Canada, Japan targeted in PRI sovereign engagement initiative expansion

Canada and Japan are the next focus countries for the collaborative sovereign investor engagement initiative launched by the Principles for Responsible Investment (PRI).

Australia makes investment to help kickstart nature credit market

The Australian government has announced plans to invest AUD250 million ($157.9 million) over the next five years in nature conservation and recovery, which will help "kickstart" its new nature credit market.

More EM sovereign SLBs 'can be done' as early potential emerges, says Ninety One

Sovereign sustainability-linked bonds (SLBs) are already demonstrating their engagement and impact potential, according to Ninety One - amid expectations of more deals to come from emerging market (EM) governments.