News

• WCI Carbon Market Update, 21 October 2019

  21 October 2019

  WCI prices edge higher ahead of compliance deadline, notes Nicolas Girod*

• NBIM criticises PRI over its focus on impact reporting

  21 October 2019

  Norges Bank Investment Management (NBIM) has criticised the Principles for Responsible Investment (PRI) for making impact reporting "a de facto seventh principle".

• Green bond market on track to hit $1trn next summer, says SEB

  21 October 2019

  Cumulative issuance of green bonds, since the market began in 2007, has reached $800 billion which means "we should reach the $1 trillion market next summer," according to Christopher Flensborg, head of climate and sustainable finance at SEB.

• Asia fund could crack 'chicken and egg' ESG data dilemma, says AIIB

  21 October 2019

  The Asia Infrastructure Investment Bank (AIIB)’s planned climate bond fund could break open the 'chicken and egg' dilemma surrounding environmental, social and governance (ESG) data coverage in Asia, it has been claimed.

• EU spawns global sustainable finance platform

  18 October 2019

  The EU has launched an initiative to collaborate with other countries around the world on sustainable finance.

• People Moves: Moody's, First State, Cyan, Goldman Sachs

  18 October 2019

  Martina Macpherson has joined Moody’s Investment Service Assessments (MISA), as it looks to increase the number of environmental, social and governance (ESG) data products it offers.

• Enel's sustainability bond was greenwashing, says Nuveen

  18 October 2019

  Enel's innovative €2.5 billion sustainability-linked bond has been branded greenwashing by Nuveen, one of the biggest investors in green bonds.

• NGFS publishes portfolio management guide for central banks

  18 October 2019

  The Network for Greening the Financial System (NGFS) has published a portfolio management guide for central banks.

• BNP Paribas Asset Management appointed by Nest to manage private credit portfolio

  18 October 2019

  BNP Paribas Asset Management (BNPP AM) has been appointed to manage a diversified private credit portfolio on behalf of Nest, a UK-based workplace pension scheme.

• Central banks should remove market neutrality, says CBI

  17 October 2019

  Central banks are being recommended to remove their doctrine of market neutrality in order to tackle climate change risks, according to a report by the Climate Bonds Initiative (CBI).