News

Pressure on financial institutions to back up climate pledges growing - 2DII

There is a "pressing need" for financial institutions to provide detailed evidence of the impact of their pledges to help curb climate change - especially as regulators increase their scrutiny of the area, according to thinktank 2° Investing Initiative.

IFRS sustainability standards could create 'additional fragmentation'

The IFRS Foundation has been warned that if it does not support the work of existing standard setters, its proposals to develop consolidated international sustainability reporting standards could lead to "additional fragmentation in an already crowded ecosystem".

Bond round-up: Florida Development Finance, Sparebanken Vest, Far Eastern New Century, IBRD ... and more

EU Platform calls on Commission to revise taxonomy proposal

The European Commission-mandated Platform on Sustainable Finance has called on the Commission to revise aspects of its draft sustainability taxonomy legislation, including to focus on 'transition' of currently ineligible activities that could eventually align with the taxonomy.

NGFS to turn its gaze to biodiversity loss

News Round Up: UNEP FI, Moody's, Investment Association, and more

Environmental Finance Winter 2020 magazine has landed

The latest quarterly magazine of Environmental Finance is available to download.

EU carbon market update: 22 December 2020

For the seventh week in a row EUAs prices increased, but Brexit and Covid weigh on the price at the end of the week, says Tom Lord*

BlackRock, Vanguard sustainable funds ESG voting record criticised

News Round Up: Bankers for Net Zero, Downing REIT, GPIF, and more