News

• FSB Taskforce will require companies to perform 2°C scenario analysis

  02 November 2016

  The Financial Stability Board (FSB) Taskforce on Climate-related Financial Disclosures is to recommend that companies reveal how they will be affected by policies introduced to restrict global warming to no more than 2oC.

• GCF looking to grow funding sources

  02 November 2016

  The Green Climate Fund (GCF) is looking to increase its sources of funding and reach out directly to the private sector including large institutional investors.

• PRI issues guide for asset owners on embedding ESG in investment policies

  01 November 2016

  The Principles for Responsible Investment (PRI) has published a guide for asset owners on how to best embed environmental, social and governance (ESG) issues into their investment policies.

• Offshore wind costs plunge 22% in 12 months

  01 November 2016

  The weighted average cost of electricity from offshore wind installations has fallen 22% in the past 12 months to $126/MWh, according to Bloomberg analysts.

• Canada's OceanRock invests in sustainable agriculture fund

  01 November 2016

  OceanRock Investments, a Canadian fund manager with some C$1.5 billion ($1.1 billion) under management, has made an investment of undisclosed size in Toronto-based venture capital firm InvestEco Capital.

• Quantitative easing has hurt ESG investing, says Hermes chief

  01 November 2016

  The unprecedented amount of quantitative easing (QE) that has followed the financial disaster of 2008 has had a direct impact on environmental, social and governance (ESG) investing, said Saker Nusseibeh, CEO of Hermes Investment Management.

• IFC upsizes $152 million forestry bond

  31 October 2016

  The International Finance Corporation (IFC) has raised $152 million for its "first-of-its-kind" forestry bond that allows investors to be paid using carbon credits.

• Last chance to vote in Environmental Finance Market Rankings.

  31 October 2016

  There are only a few days left to vote in the Environmental Finance Annual Market Rankings – the largest and most closely watched survey of the world's environmental markets.

• EU carbon market weekly update - 31 October 2016

  31 October 2016

  A quiet week for carbon as price action and volumes remained fairly muted throughout.

• AXA IM warns of Trump Presidency impact on RI

  31 October 2016

  The responsible investment (RI) industry could hit a 'speed bump' if Donald Trump were to be elected US President warns AXA Investment Managers.