News

EU carbon market update: 02 March 2021

UN fund makes $41m SDG blended finance investments

The UN's Joint Sustainable Development Goals (SDGs) Fund has committed to invest in a series of projects aimed at contributing to the Global Goals.

Sustainalytics tops CBI verification market share

WCI carbon market update: 01 March 2021

EBA advocates for 'green asset ratio' for banks

The European Banking Authority (EBA) has published advice underlining the importance of the 'green asset ratio', supported by other KPIs, as a key means to understand how institutions are financing sustainable activities and meeting the Paris Agreement targets.

Use SFDR draft standards as reference point, ESAs say

Financial institutions in the EU should "use as a reference" draft technical standards for sustainability-related disclosures until the standards formally enter into force, the three European Supervisory Authorities have said.

News Round Up: Varma, Aviva, Qontigo, SEEIT, and more

LGX adds section for 'pureplay' climate-aligned issuers

The Luxembourg Green Exchange (LGX) has launched a dedicated section for climate-aligned issuers, regardless of whether they apply a label such as green, social, sustainability or sustainability-linked (GSSS) to their bonds.

BlackRock integrates climate considerations into capital market assumptions

The world's largest asset manager BlackRock is to integrate climate considerations into its capital market assumptions (CMAs), the long-term return expectations for asset classes that form the cornerstones of client portfolios.

Pakistan explores issuing first sovereign 'nature performance bond'

Pakistan could become the first sovereign to issue a nature performance bond, it has been revealed.