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Verdane, Södra back Nordic carbon capture and offsetting business
18 June 2024Private equity investor Verdane has provided two years of funding in carbon removals business Njord Carbon, alongside Swedish forest owner association Södra.
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EU countries agree weakened text for green claims directive
18 June 2024EU countries have agreed a text for the proposed Green Claims Directive which contains weaker language on the use of carbon credits than that agreed by the European Parliament.
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EU Green Bond Standard is 'quite tricky' - especially for sovereigns, says CA-CIB
18 June 2024Issuing green bonds using the EU Green Bond Standard (GBS) is "quite tricky" and is unlikely to see a lot of issuance except among a "handful" of issuers in the near term, according to Crédit Agricole Corporate & Investment Bank (CA-CIB).
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ShareAction calls for stronger asset manager approach to fossil fuels
18 June 2024Asset managers must take a more robust approach to fossil fuel -producing companies, according to a new paper from ShareAction, as current policies could harm the transition to a lower-carbon economy.
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Companies waiting for data before TNFD reporting
17 June 2024Companies are hoping to improve the quality of the data at their disposal before they commit to reporting in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), according to a report.
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EU Nature Restoration Law finally approved in 'massive victory for nature'
17 June 2024An EU law to restore at least 20% of the EU's land and sea areas by 2030 has been approved after a 'compromise' text won a slim majority among EU countries - a move welcomed by investors and NGOs who called it "a massive victory for Europe's nature".
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US IRA set to stimulate $250bn of investment this year, says Barclays
17 June 2024More than $70 billion has been invested in clean energy projects backed by the US Inflation Reduction Act (IRA) in the first three months of 2024, as manufacturing investments ramp up, according to Barclays.
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GSAM backs SLBs with step-downs
17 June 2024A major sustainable bond investor has urged investors and asset owners to seriously consider sustainability-linked bonds (SLB) with a step-down coupon on achieving or outperforming targets, as it is a "better structure" for the performance-based instrument.
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Issuers should 'use more Opex in green bonds,' says GSAM
17 June 2024Goldman Sachs Asset Management (GSAM) said green bond issuers should look to use more operational expenditures (Opex) in their use-of-proceeds allocation to help grow the market.
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Two impact investment heavyweights receive Honours
15 June 2024Two London-based impact investment leaders have been honoured with the position of Officer of the Order of the British Empire (OBE) in the UK King's Birthday Honours.
- Human rights impacts should be part of nature disclosure
- AI data centre sustainable debt spurs innovation - and risk
- Using the SDGs to invest in sovereign debt
- Sovereign 'tension' with corporate sustainable bond investments needs addressing
- Comment: Please stop talking about David Attenborough
- US-Iran conflict shows NGFS assumptions 'don't hold' amid fragmented transition
- Lloyds launches UK food and nature resilience fund
- Allianz & Zurich launch blended finance investment company
- Sustainable debt round-up: BBVA, Iberdrola, Republic of Austria ... and more
- Banco BPM enters growing green Tier 2 bond market