News

COP28: $83bn mobilised in the first week, says Presidency

SEC delays hotly anticipated climate disclosure rule ... again

The US Securities and Exchange Commission (SEC) has again delayed the adoption of its climate disclosures rule, to push back a final decision until April next year.

Australian green bond framework includes biodiversity, climate adaptation

The Australian sovereign green bond framework has included climate adaptation and nature projects among its eligible activities alongside the more familiar climate mitigation projects, as the country moves closer to its mid-2024 market debut.

People Moves, 8 December: General Atlantic, ISSB, ImpactA Global ... and more

TNFD introduces initial footprinting guidance for FIs

The Taskforce on Nature-related Financial Disclosures (TNFD) has proposed guidance for how to report for eight sectors, and preliminary guidance on biodiversity footprinting for financial institutions.

Two-year delay to CSRD sector-specific reporting agreed by parliamentary committee

A two-year delay to reporting in line with sector-specific standards under the Corporate Sustainability Reporting Directive (CSRD) has been agreed by the EU parliament's economic and monetary affairs committee.

Loan round-up: Thai Union, Pacific Basin Shipping, AET...and more

MAS launches ESG rating code of conduct

The Monetary Authority of Singapore (MAS) has published a code of conduct for ESG rating and data providers, in a bid to improve transparency and comparability between methodologies and products.

Brazilian indigenous protection rowback a 'fiduciary risk for investors', says BlueBay

Potential legislation deemed "anti-indigenous" in Brazil is a "fiduciary risk for investors" and a concern for Brazil's economic and sustainable prosperity, BlueBay Asset Management told Environmental Finance.

KfW adds biodiversity as it launches €13bn green bond programme for 2024

KfW has added biodiversity to its green bond framework as the German development bank aims to raise up to €13 billion ($14 billion) from its green-labelled issuance in 2024.