News

CBI to launch climate resilience taxonomy this month

The Climate Bonds Initiative (CBI) will launch its initial Climate Resilience Taxonomy on 25 September with draft criteria, ahead of detailed thematic criteria being developed in the next phase of the work.

African alliance looks to mobilise $10m towards nature

The African Natural Capital Alliance is aiming to mobilise $10 million towards nature-based solutions through a programme which will bring together financial institutions from across Africa.

Federated Hermes skeptical of ESG-linked executive pay

BeyondNetZero has proved it isn't too big for climate start-up space

General Atlantic's inaugural BeyondNetZero fund is 'very complementary' to the venture capital strategies, despite being nearly 10x the average VC fund size, its managing director has claimed.

Letshego issues first Namibian social bond

The Namibian arm of pan-African lender Letshego has raised NAD260 million ($15 million) from its debut social bond, which is also the first social note from a Namibian issuer.

BRICS countries to scale up carbon markets participation

Central banks face higher risk of monetary policy mistakes due to climate change, NGFS says

The increasing frequency and intensity of floods, earthquakes and heatwaves due to climate change is likely to make it harder for central banks to forecast inflation and productivity, thereby raising the risk of "mistakes", a group of central banks has suggested.

Environmental Finance's IMPACT Awards 2024 open for entries

Nominations have opened for the 2024 Environmental Finance IMPACT Awards.

ASEAN public sector 'critical' to energising local sustainable bond markets

Public sector issuers in Asia have a "significantly limited" presence in sustainable bond markets, but a think tank said sovereign and government-related bonds are "critical" to energising local sustainable bond issuance.

Vanguard did not support any environmental proposals last year

Vanguard did not support any of 400 environmental or social shareholder proposals it encountered in the most recent proxy season, arguing that the proposals were either not addressing financially material aspects or "were overly prescriptive".