News

  • More first-loss capital needed in emerging markets nature projects, says AIIB

    06 December 2023

    More first loss capital is needed is needed to attract private investors to nature-related projects, especially in emerging markets, the Asian Infrastructure Investment Bank (AIIB) has said.

  • COP28: Global climate finance framework targets $7trn in annual investment

    06 December 2023

    A multilateral declaration to invest $5-7 trillion in climate finance annually has been signed at COP28, setting out aims to scale up private finance and high-integrity carbon markets.

  • Exclusive: Bloomberg launches green bond-tilted fixed income indexes

    06 December 2023

    Bloomberg has launched a series of green bond-tilted indexes tied to the company's flagship fixed income benchmarks, Environmental Finance has learned.

  • COP28: Sovereign sustainability-linked finance task force launched

    05 December 2023

    Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

  • VOX COP: Pierre Abadie - renewables pledge 'is big deal'

    05 December 2023

    An agreement to treble investments in renewable energy and double investment in energy efficiency has made COP28 the most important UN climate summit for years, according to Pierre Abadie, group climate director at impact investor Tikehau Capital.

  • Mirova targeting €350m for sustainable land management strategy

    05 December 2023

    Mirova has launched a second iteration of its sustainable land management fund, targeting a raise of €350 million ($379 million).

  • SocGen raises €10m from first 'blockchain' green bond

    05 December 2023

    Société Générale has raised €10 million ($11 million) from its first digital green bond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for green bond issuers and investors.

  • NZAOA sets transition planning principles, policy engagement guidance

    05 December 2023

    A $9.5 trillion group of asset owners has set out guidelines on designing 'credible' transition plans and on aligning lobbying and advocacy with decarbonisation goals, areas it said were "crucial, but often challenging, elements for working on net-zero commitments".

  • COP28: We need carbon markets, say Carney, Kerry and Banga

    04 December 2023

    Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.

  • TNFD updates nature scenario guidance to tackle user challenges

    04 December 2023

    The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a consultation on the 'advanced' version of its nature scenarios guidance.