News

NGFS: Carbon price of $160 per tonne required by 2030 to reach net zero

The Central Banks and Supervisors' Network for Greening the Financial System (NGFS) has said carbon prices must rise...

Bond round-up: Eni, HP, RWE, Danske Bank, Kommuninvest, NRW Bank, Bank Windhoek ... and more

IIRC, SASB merge to form Value Reporting Foundation

The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have confirmed their merger to form the Value Reporting Foundation.

UK launches group to advise on taxonomy

The UK government has appointed a Green Technical Advisory Group (GTAG) to advise it on creating a UK taxonomy...

Eni SLB 'a step in the right direction' - but oil firms risk 'fairytale' net zero targets

The €1 billion ($1.2 billion) sustainability-linked bond (SLB) from Italian oil supermajor Eni - believed to be the first from an oil and gas firm - was described by investors as a "step in the right direction," but questions remain over its reliance on offsets and its ambition levels.

UN Secretary General tells insurers to go 'net zero'

With $35 trillion of assets under management the insurance sector plays a key role...

Global Fund for Coral Reefs 'could grow beyond' $500m target

Row as Finland and Sweden call for weakening of forestry requirements in EU taxonomy

A member of the EU's Platform on Sustainable Finance has slammed a demand by Finland and Sweden to change the requirements for forestry in the EU's taxonomy of sustainable activities.

News round-up: AIGCC and Candriam

Bank of England scales down bank and insurer climate stress test