News

'Worrying trend' of climate backtracking by European banks, finds ShareAction

European bank responses on several key sustainability themes are "insufficient", according to a new report by ShareAction, which highlighted evidence of backtracking on climate commitments by some.

EU moves forward on carbon credits within climate targets

The European Parliament and EU Member States have agreed to allow countries to use Article 6 credits to meet 2040 emission reduction targets.

Climate investing isn't dead in emerging markets, says Ninety One

More opportunities for sustainable debt financing, particularly in the private space, are developing in emerging markets amid strong economic growth and increased uptake of renewable energy, according to asset manager Ninety One.

Consider whether companies are allocating to adaptation, says Allspring

Transition-focused investors should consider whether the companies they invest in have an adaptation plan and how they plan to tackle it, says Allspring Global Investments.

Sustainable debt round-up: ABN Amro, LondonMetric, Mowi ... and more

Pension funds anchor Gresham House €250m forestry first close

Gresham House has reached a €250 million ($290 million) first close for its sustainable forestry strategy after attracting cornerstone investments from two pension funds.

Correction: Review clause for extending CSDDD to financial institutions' investments ditched in Omnibus

A clause which would have required a review of EU due diligence rules to also cover financial institutions has been ditched as part of the Omnibus package to simplify regulation.

World Bank issues first 'outcome bond' linked to Article 6

The World Bank has issued its first 'outcome bond' linked to carbon credits issued under Article 6 of the Paris Agreement, in a deal that could pave the way for similar transactions.

KfW expects to surpass €100bn in cumulative green bond issuance in Q1

KfW laid out plans to raise up to €15 billion of green bonds in 2026 "if conditions are favourable", which would likely bring its cumulative issuance past the €100 billion ($110 billion) mark during the first quarter of the year.

Transition plan implementation axed as EU politicians hammer out Omnibus agreement

EU politicians have agreed to delete a clause requiring companies to say how they are implementing climate transition plans, despite warnings from investors that this information is crucial for holding companies to account, as the long-running Omnibus saga nears a conclusion.