News

BNP Paribas to rename transition fund over negative connotations

BNP Paribas Asset Management is looking to rename its Energy Transition Fund over concerns that the term now has negative connotations.

First biodiversity credit methodology approved by Cercarbono

Carbon credit standard setter Cercarbono has approved the first methodology for use in its biodiversity credit programme.

Verra sanctions carbon projects for first time

Major standard setter Verra has rejected 37 carbon credit projects and sanctioned four validation bodies for the first time.

Commission faces legal challenge over taxonomy criteria for aviation, shipping

The European Commission faces a legal challenge of its inclusion of aviation and shipping criteria in its sustainability taxonomy, after NGOs accused it of greenwashing.

Sustainable Debt Round-up: IBRD, Mexico, China Development Bank, Scape Australia ... and more

Renewables investors beginning to "push" for nature, says Bluefield

More renewable infrastructure investors are integrating nature into their assets, but conversations remain at an early stage, Bluefield Partners has told Environmental Finance.

Eight new BNG sites approved

Eight more Biodiversity Net Gain (BNG) sites have been approved and added to the national registry, taking the total number of sites to 18.

Bank of China raises CNY2.5bn from ground-breaking 'SGS' sustainable bond

Bank of China (BoC) has raised CNY2.5 billion ($351 million) from the first 'sustainability-linked, green, and social loan' (SGS) bond issued under its innovative framework which follows the publication of recent ground-breaking market guidance.

Climate lobbying among most powerful levers to address 'frightening' climate risk - Railpen

Pushing oil and gas companies to align their climate lobbying with decarbonisation targets is one of the most powerful levers for addressing a "frightening" acceleration in climate risk in institutional investors' investment portfolios, according to Railpen.

Limited funding for UK energy generation solutions, says SDCL

Energy generation remains underfunded despite broader investor interest in backing energy transition themes, Sustainable Development Capital's founder has told Environmental Finance.