News

'World-first' gender-lens property fund launches

A 'world-first' fund aiming to invest in affordable, safe and secure homes for vulnerable women has been launched, with an initial £15.5 million ($21 million) in investments.

Singapore central bank launches impact measurement initiative

The Monetary Authority of Singapore (MAS) has launched a FinTech initiative to "promote a green financial ecosystem" in the country, among the aims of which is to measure the environmental and social impact generated by investments and loans.

AP2 divests fossil fuel firms amid EU Paris-alignment pledge

Swedish public pension fund AP2 will exit its equity and bond holdings in fossil fuel firms, in a push to become the first asset owner to align its portfolio with the EU Paris-aligned benchmark (PAB).

People Moves 11 December: LuxSE, ECB, Impax, GAM, Novo Nordisk, Conquest

EU carbon prices hit record after climate goal agreement

News round up: LAPFF backs transition plan vote; Ostrum's coal exit policy

Ocean Fund makes investments in India

Circulate Capital has committed to invest $19 million in four Indian companies it claims can help reduce the amount of plastic waste polluting oceans.

$9trn collaboration of asset managers commit to net zero emissions

The Institutional Investors Group on Climate Change (IIGCC) has formed an initiative of asset managers, representing over $9 trillion, which have committed to align their portfolios with the goals of the Paris climate agreement.

Net Zero Asset Alliance paper maps out Paris Alignment for high‐emitting sectors

The Net Zero Asset Alliance in conjunction with the Institute for Sustainable Futures (ISF) has published the 'Sectoral Pathways to Net Zero' paper, which maps out possible 1.5 °C pathways for five key high‐emitting sectors: energy, utilities, materials in specific steel and cement, and transport.

EIOPA proposes 'impact underwriting' to address climate risk

Insurers can contribute to climate adaptation and mitigation efforts by developing new insurance products that incentivise policyholders to mitigate insured risks - thereby implementing 'impact underwriting', the European regulator has said.