News

Trump victory could see EV makers bear brunt of weakened IRA, says MUFG

Subsidies for the purchase of electric vehicles (EVs) are among areas of the Inflation Reduction Act (IRA) set to be most at risk if Donald Trump wins re-election later this year, according to researchers at MUFG.

New partnership aims to drive down carbon credit testing costs

Swiss climate tech company Hyphen Global and US tech company LI-COR have partnered up to bring down the costs of atmospheric technologies for carbon credit project developers.

Jordan Ahli Bank issues 'landmark' first sustainability bond

Jordan Ahli Bank (JAB) has raised $50 million from the first sustainability bond by a Jordanian issuer.

Better data, fewer indices needed to drive ETF flows, says IIA

Improvements in ESG data will lead to better indexes for asset managers, but to drive more flows into the industry, investors must coalesce around fewer definitions, according to the Index Industry Association.

Development Bank of Rwanda readies second sustainability-linked bond

The Development Bank of Rwanda (BRD) is planning to raise up to RWF35 billion ($26 million) from its second sustainability-linked bond (SLB), less than a year after its landmark debut.

Banque de France raises concerns about nature modelling

Banque de France has found that existing ways to model the economic consequences of nature loss have significant drawbacks, calling for further integration of ecological science and existing policies into any scenarios.

Canada transition finance market awaits if Taxonomy gets 'unstuck'

Pent-up demand for transition finance in Canada could be released if the government can get "unstuck" with its long-awaited transition-focused taxonomy later this year, but challenges around the role of gas continue to hold progress back.

Manulife meets three nature targets early

Manulife Investment Management, which claims to be the world's largest natural asset investor, has released its first annual nature report, revealing that it has met three of the five targets it had set for 2025.

Australian regulator warns of more action against suspected greenwashing

The Australian Securities and Investments Commission (ASIC) has said it is investigating several suspected greenwashing cases and expects to take further "enforcement action" to penalise greenwashing.

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