News

• Value of investors pledging to divest from fossil fuels doubles to over $5trn

  12 December 2016

  Investors worth $5.2 trillion have pledged to divest fossil fuels, up from $2.6 trillion in September last year, according to a report by US-based impact investment consultant, Arabella Advisors.

  

• IETA calls for swift agreement on EU ETS

  12 December 2016

  The International Emissions Trading Association (IETA) has called on the European Parliament's environment committee to quickly come to an agreement on proposed amendments to the EU Emissions Trading Scheme (ETS), after the initial 8 December deadline was missed.

  

• UK railway pension fund invests in rooftop solar

  12 December 2016

  RPMI Railpen, the pension scheme for the UK's railway industry, is to provide £20.3 million ($25.5 million) of inflation-linked debt capital to refinance a portfolio of rooftop solar installations owned by Foresight Group.

  

• Annual Market Rankings winners revealed

  09 December 2016

  Environmental Finance is proud to announce the winners in its 17th Annual Market Rankings.

  

• Axa's green bond fund grows by a third in first year

  09 December 2016

  Axa Investment Managers' green bond fund has seen its assets grow by more than a third in its first year, Environmental Finance can reveal.

  

• TCFD's four major disclosure recommendations revealed

  09 December 2016

  Details of the four major disclosure recommendations from Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) have emerged ahead of the report's launch next week.

• BNDES launches new ESG approach

  08 December 2016

  Brazil's National Bank for Economic and Social Development (BNDES) has committed to play an active role in pushing environmental, social and governance (ESG) concerns in its portfolio companies, as it looks to catalyse foreign investment.

• Poland reveals details of landmark green bond framework

  08 December 2016

  The Republic of Poland has revealed details of its green bond framework, as its begins to roadshow what may become the first sovereign green notes to hit the market.

• Low levels of disclosure hinders sustainable investment

  08 December 2016

  Low levels of disclosure are standing in the way of massive demand for sustainable investing, according to a new report by HSBC.

• Green bonds round-up

  07 December 2016

  Colombia-based financial services provider Bancolombia has issued the country's first green bond, raising COP1.5 billion ($115 million) from the sole investor, International Finance Corporation (IFC).