News

  • ‘World-first’ sustainable fund launches search for manager

    03 May 2019

    The search has been launched for managers of a planned ‘global sustainable energy innovation fund’, which looks to blend up to €3 billion ($3.4 billion) of public and private finance “to overcome the inherent funding challenges for disruptive sustainable energy innovations”.

  • Norges Bank warns PRI of mission drift

    03 May 2019

    Norges Bank Investment Management (NBIM) has warned the Principles for Responsible Investment (PRI) that it is in danger of ‘drifting away from its founding principles’ if it mandates signatories to complete reporting based on the UN Sustainable Development Goals (SDGs).

  • Sustainable loan principles ‘key to unlocking gargantuan financing needs’

    02 May 2019

    Recently-launched Sustainability-Linked Loan Principles (SLLPs) are ‘key to supplying the gargantuan amount of financing’ required to meet the goals of the Paris Agreement, White & Case has argued.

  • Morningstar launches series of ESG managed portfolios

    02 May 2019

    Morningstar has launched five environmental, social and governance (ESG) multi-asset managed portfolios.

  • Green bonds round-up: Wallonia; Adif; Nedbank; SFE; Crédit Agricole; Green OAT

    01 May 2019

    Wallonia, the French speaking region of southern Belgium, has entered the green bond market with a dual-tranche issue that raised €1 billion ($1.2 billion).

  • Green bonds from emerging markets could reach $250bn by 2021

    01 May 2019

    Cumulative issuance of green bonds from emerging markets could rise to between $210 billion and $250 billion by 2021, according to the International Finance Corporation (IFC) and French asset manager Amundi.

  • CDSB and SASB team up to deliver TCFD 'how-to' guide

    01 May 2019

    The Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) have jointly published a 'how-to' guide to help implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) into mainstream corporate reports.

  • Investors in alternative assets eye opportunities from the SDGs

    30 April 2019

    Almost 90% of investors in ’alternative’ assets such as real estate, infrastructure, private debt and hedge funds, expect the UN’s Sustainable Development Goals (SDGs) to create new investment opportunities, a survey by LGT Capital Partners has found.

  • Oil firms unattractive without climate targets, say fund managers

    30 April 2019

    Oil companies will no longer appeal to investors unless they adopt business models that support the Paris climate targets, says a report by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration, a group of charitable trusts.

  • RGGI raises $240m from carbon allowance sales in 2018

    30 April 2019

    Almost $240 million was raised from the quarterly auctions of emission allowances in the US Regional Greenhouse Gas Initiative (RGGI) last year, according to market monitoring firm Potomac Economics.