News

• Bank of America, BNP Paribas lead 2023 sustainable bond underwriting tables

  13 December 2023

  Bank of America and BNP Paribas are well placed to secure the top two spots in the sustainable bond lead manager tables for 2023, currently nudging 2022's top underwriter JP Morgan into third place.

• EIOPA proposes capital charges on fossil fuel assets

  13 December 2023

  Fossil fuel-related stocks and bonds pose higher market risks to insurers that could be mitigated via additional capital charges on these assets, the European Insurance and Occupational Pensions Authority (EIOPA) has suggested.

• COP28: Carbon markets rue Article 6 negotiation 'failure'

  13 December 2023

  Carbon market participants lamented a "disappointing" lack of progress on agreeing a global carbon market mechanism, after last-ditch talks ended in "failure".

• Winners of the 2023 Impact Awards revealed

  13 December 2023

  The winners of Environmental Finance's 2023 Impact Awards have been announced.

  

• COP28 deal to transition away from fossil fuels 'keeps 1.5°C alive' - but loopholes remain

  13 December 2023

  Countries have agreed to transition away from fossil fuels in an historic first for a UN climate conference, with claims it "keeps 1.5°C alive" - but observers warned of several "loopholes" that could undermine its implementation.

  

• Only 2 of 17 SDGs have progressed towards end goal since 2021, M&G claims

  13 December 2023

  Only two of the UN's Sustainable Development Goals (SDGs) have progressed towards their 2030 goal since 2021, a report from M&G Investments has claimed.

• Policy engagement more important if COP28 disappoints, investor says

  12 December 2023

  Institutional investors are likely to sharpen their focus on pushing policymakers for a more supportive framework for net zero-aligned private investment in the event of an "underwhelming" UN climate conference, a director at Rathbones has said.

• AI-driven solutions fuelling transition is hot investment theme for 2024, Impax predicts

  12 December 2023

  The adoption of artificial intelligence (AI) will continue to soar next year and will create solutions that accelerate the transition to a sustainable economy, Impax Asset Management has predicted.

• IIX raises $100m from 'largest' gender bond

  12 December 2023

  Sustainable investment firm Impact Investment Exchange (IIX) has raised $100 million from its largest gender-focused sustainability bond, which is also believed to be one of the largest 'orange' bonds to date.

• EIOPA proposes four principles to prevent greenwashing in insurance

  12 December 2023

  The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.