News

• Coal utilities boosted by €16bn since Paris Agreement, say NGOs

  21 May 2019

  Eight financial institutions have given Europe's 'most polluting utilities' almost €16 billion ($17 billion) in support since the Paris Agreement was signed in December 2015, a new briefing by NGO Europe Beyond Coal has found.

• WCI carbon market update, 20 May 2019

  21 May 2019

  After last week's market rally, all eyes are on the outcome of the 14 May auction, says Nicolas Girod*

• Infrastructure for plastics recycling is ‘biggest growth opportunity'

  21 May 2019

  Investment in infrastructure for recycling is where the growth opportunity for reducing plastic waste is most evident, according to Morgan Stanley.

• AllianceBernstein launches two SDG funds

  21 May 2019

  Insurance clients particularly interested in Sustainable Global Thematic Credit Portfolio fund

• EU carbon market update – 20 May 2019

  21 May 2019

  Despite just four auctions last week, EU allowances (EUAs) ended the week down 62c (-2.4%) at €24.98. The EUA price bounced around between €25 and €26 for most of the week, with moves below €25 finding support in the form of pent-up compliance buying and moves above €26 exhausting industrial and utility buying and finding speculative sellers.

• Low-carbon energy investment has stalled, IEA says

  21 May 2019

  Global energy investment has stabilised at $1.8 trillion after three years of decline, but investment in low-carbon energy has stalled, according to a report by the International Energy Agency (IEA).

• ESG engagement really does work, say investors

  20 May 2019

  Investors have proved that they have the power to bring about changes in company behaviour, when they engage with them on environmental, social and governance (ESG) issues, and they even have the potential to influence national governments, a panel at an MSCI conference heard.

• ESG data must be forward-looking, say panellists

  20 May 2019

  Investors must have forward-looking environmental, social and governance (ESG) data to be able to assess whether companies are able to tackle challenges they face during times of change, delegates at a conference of the International Integrated Reporting Council (IIRC) heard.

• Democrats call for up to $50bn of sovereign US green bonds for new bank

  20 May 2019

  Several Democrat senators are calling on the US Treasury to issue $10 billion of green bonds to set up a federal green bank.

• Almost all ‘responsible' investors looking to increase impact, says KBI

  20 May 2019

  Some 94% of institutions in KBI Global Investors’ universe of ‘responsible’ equity investors aim to increase their allocation to impact investments over the next 1-3 years.