S&P launches index linked to EU carbon allowances
S&P Dow Jones has launched an index that it says will provide investors with an investment performance benchmark for European carbon emission allowances.
S&P Dow Jones has launched an index that it says will provide investors with an investment performance benchmark for European carbon emission allowances.
The coronavirus outbreak has added to the headwinds facing the EU Allowance market and any hint of upside is likely to find willing sellers, says Tom Lord*.
The outlook for California Carbon Allowances remains bullish but the coronavirus outbreak could have a significant negative impact on prices if the situation deteriorates, says Nicolas Girod*.
Environmental, social and governance (ESG) investing is becoming more "mainstream" and playing a growing role in credit risk analysis, said a report from S&P Global Market Intelligence.
Macquarie's Green Investment Group (GIG) and German utilities company Energie Baden-Württemberg (EnBW) have sold a 43.75% stake in the Formosa 3 offshore wind farm to Japanese utility JERA for an undisclosed sum.
Final recommendations for an EU Green Bond Standard (GBS) have been published by the EU Technical Expert Group on Sustainable Finance but their regulatory status will not be confirmed until the third quarter of this year.
The proposed taxonomy of green activities that will underpin the EU's Sustainable Finance Action Plan was updated and expanded today - and now includes criteria for climate adaptation activities.
The EU should devise a taxonomy of activities that cause significant harm to the environment, the Technical Expert Group on Sustainable Finance (TEG) has recommended.
The UK financial services regulator has announced it is considering new climate-related disclosure requirements for most of the major firms listed in the country, despite disappointment from campaigners that its proposals were not mandatory.
First of its kind by US life insurer