News

Foresight validates wind farm in EU Taxonomy compliance push

Foresight has attained EU Taxonomy validation for its 231MW Swedish wind farm project, as it sets out to build one of the first Taxonomy-compliant investment funds.

ERAFP opens tender for €1bn multi-asset fund of funds

French pension fund ERAFP has launched a call for tenders for two new diversified fund of funds mandates for a portfolio worth a combined €1 billion ($1.15 billion).

Malaysia launches sustainable finance initiative

Capital Markets Malaysia (CMM) has launched an initiative to spur growth in sustainable financing following recommendations from the nation's securities regulator.

Microsoft makes $50m investment in sustainability firm

Tech giant Microsoft has invested $50 million in Energy Impact Partners, a venture capital firm with focus on the sustainable energy transition.

Investors urge Federal Reserve to tackle climate risk

Investors with nearly $1 trillion in assets under management have signed a letter to US Federal Reserve chairman Jerome Powell demanding action to address climate change as a systemic financial risk.

Satellite and AI initiative to 'transform carbon data'

An initiative has been launched to combine data from satellites and artificial intelligence (AI), promising to "revolutionise global efforts to measure and reduce emissions across every sector of society".

Australia sued for not incorporating climate risk into sovereigns

In a global first, a lawsuit has been filed accusing Australia's federal authorities of breaching their duty of disclosure, and misleading and deceiving investors, by failing to disclose climate risk when issuing sovereign bonds.

Renewables webinar: 'Risk is easy to get wrong'

The renewables sector requires better risk assessment and corporate willingness to enter into lasting partnerships, according to industry professionals.

Green and sustainability-linked loan round-up: WDP, Suominen, Acerinox, Downing

Bond round-up: KfW, TenneT, Terna, De Volksbank ... and more