"Clear gaps" remain in most areas of European banks' climate risk management practices, a top executive at the European Central Bank (ECB) has said, as the organisation prepares to conduct on-site inspections of EU banks.
Brookfield Asset Management has raised $15 billion in the final close of its Global Transition Fund, making the Mark Carney co-managed fund the world's largest to be dedicated to impact investing.
Impact investing in south-east Asia suffers constraints caused by overseas investors, who are too remotely-based or unwilling to provide early-stage development funding, specialists in the field warned.
Focusing on emissions data is a more straightforward way to assess transition strategies, rather than taxonomies, a regulator has suggested.
III says insurers promote net-zero via investments and already have sufficient disclosure
Failure by a bank to meet a carbon reduction target would not necessarily constitute greenwashing, an influential regulator has claimed.
Temasek is looking to invest 'catalytic capital' in climate-aligned and carbon negative technology opportunities to support the global energy transition, according to a senior executive.
UK pension funds will have to disclose how they align with the 1.5°C goal of the Paris Agreement from October in a move the UK government...
Three institutional investor-focused groups have urged the UK government to exclude natural gas from its proposed 'green' taxonomy, warning that inclusion would "discredit" the value of the green activities list.