News

2021 could see 'practical application' of ESG in cat bond market

An environmental, social and governance (ESG)-linked catastrophe (cat) bond could emerge in 2021, a senior (re)insurance broker told Environmental Finance, as sponsors and investors continue to show interest in the innovative instrument

People Moves, 31 December: Hiro Mizuno, PRI, Temasek, SASB

Singapore's Heritas Capital to launch impact fund

Heritas Capital plans to launch a $30 million impact fund to invest in early-stage technology start-ups active in the areas of healthcare, education and food.

Qatar sovereign wealth fund invests in renewable energy storage

The Qatar Investment Authority has committed to invest $125 million to take an undisclosed stake in energy storage provider Fluence.

Japan's FSA to form 'expert panel on sustainable finance'

Japan's Financial Services Agency is to form an 'expert panel on sustainable finance' to drive domestic and international investment in Japanese companies that the body says support the transition to a carbon-neutral economy.

UNDP to identify SDG investment 'opportunity areas'

The UN Development Programme (UNDP) is to next year publish research on 'investment opportunity areas' for investments that advance the UN Sustainable Development Goals (SDGs).

Climate as well as tech stocks will offer growth in 2021, says M&G

Green and sustainability-linked loan round-up: Nedbank, Publiacqua, Viedekke ... and more

IFRS 'should use TCFD' as basis for reporting standards, says FSB

The IFRS Foundation's proposal to devise international sustainability reporting standards should be underpinned by the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Financial Stability Board (FSB) has said.

TPG Rise invests in Chinese education company

TPG's Rise Fund has invested an undisclosed amount in Chinese education company Meishubao as part of a $210 million series D funding round, according to Chinese state media.