News

COP28: Voluntary carbon market braced for regulatory intervention following IOSCO report

The International Organisation of Securities Commissions (IOSCO) has proposed a set of measures to help regulators bring more integrity to the voluntary carbon market (VCM).

ABN Amro: EPC changes could impact Dutch banks' green bonds

Green bond investors should be cautious about Dutch bank green bonds allocated heavily to Dutch real estate, ABN Amro said, ...

UK urged by MPs to make TNFD mandatory within three years

The UK has been urged by members of parliament to make the Taskforce for Nature-related Financial Disclosures mandatory within three years.

COP28: US insurers propose plan to ensure insurance cover as catastrophes grow

The US National Association of Insurance Commissioners (NAIC) has proposed a national climate resilience strategy to help ensure the availability of property insurance in the face of severe disasters.

Financial markets may be undervaluing 'climate resilience' companies, BlackRock suggests

Financial markets may be underappreciating the prospects for companies that enable climate resilience, BlackRock has said, as it warned the cost of disaster rebuilding in the US alone could equate to the $39 billion of energy investments under the Inflation Reduction Act.

People Moves, 1 December: Nuveen, CIF, Wellington Management, Astanor Ventures

COP: Sustainable food and agriculture declaration a 'positive signal' for the market

A high-level declaration to develop more sustainable food and agriculture systems has been signed by 134 world leaders at COP28, providing a 'positive signal' for the market, Environmental Finance has heard.

COP28: BlackRock, Brookfield and TPG commit to $30bn emerging markets climate fund

The UAE has launched a $30 billion fund for climate solutions in emerging and developing markets, with aims to attract $250 billion in further capital commitments by 2030.

COP28: Opening ceremony invokes spirit of Yoda

The curtain was raised on the COP28 climate jamboree today, with a colourful session in which its President made the case for including fossil fuels and a top UN climate chief invoked the wisdom of Yoda.

Loan round-up: Bapco Energies, GP Industries, KWAP... and more