News

Mexican coral reef insurance attracts new underwriters

The first ever parametric insurance product to cover a coral reef has been renewed, but with different insurers taking the risk.

Credit Suisse launches 'ocean engagement' fund

Credit Suisse is to launch an engagement-focused, impact investment fund intended to improve ocean health, in partnership with Rockefeller Asset Management.

'Sustainable seafood' fund aims for 2021 launch

Global Commission on Adaptation aims to boost finance for nature-based solutions

The Global Commission on Adaptation has renewed a call for innovative financing models to scale-up investment in nature-based solutions (NBS) to climate change.

RMS predicts up to $15bn of US insured losses from Laura

Total US insured losses from hurricane Laura, which caused widespread damage to parts of the US Gulf Coast in August, could reach $15 billion, RMS has predicted.

People Moves 4 September: UKSIF; BP; Macquarie; IIF; Symbiotics; GEF; Nordea; Danske Bank; CARN Capital; MainStreet Partners

Covid response boosts case for real estate impact investing - CBRE GI

Impact investors can harness public support packages designed to drive the supply of safe, affordable housing in the wake of the coronavirus pandemic, according to CBRE Global Investors.

Paper firm Suzano outlines sustainability-linked financing framework

Brazilian paper and pulp firm Suzano has launched its sustainability-linked securities framework ahead of a potential bond issue, less than three months after international principles for the instruments were revealed.

Taxonomy alignment - 'no one is going to look good'

Most investment portfolios - even those with a strong sustainability focus - have a low level of alignment with the EU's Taxonomy for Sustainable Activities, according to speakers on an Environmental Finance webinar entitled What will the green taxonomy mean for investors?

IFC says 'impact' portfolio outperformed by 15% since 1961

The International Finance Corporation (IFC) says a first-of-its-kind study on the performance of every equity impact investment it has ever made shows the entire portfolio delivered 15% higher returns than comparable, non-impact investments.