PCAF's guidance to set 'guardrails' for avoided emissions claims

EFRAG says it aims to cut ESRS by 50% as it unveils draft proposals

EU advisers aim to cut European Sustainability Reporting Standards (ESRS) by about 50%, they revealed as they approved an initial draft progress report.

High degree of variance in materiality assessments undermines comparability, ING says

'Messy' Corporate Sustainability Reporting Directive (CSRD) reports due to variance in how entities applied double materiality assessments make it "extremely challenging to compare and understand the first CSRD disclosures", analysis by ING says.

Bonn climate negotiations begin amidst financing pushback

Tokyo Metropolitan Government plots €300m resilience bond

The Tokyo Metropolitan Government plans to launch a €300 million ($344 million) 'resilience bond' this autumn, aimed at tackling storm and flood risk, Environmental Finance has learned.

GPIF vows to improve tracking of asset managers' stewardship activities

Japan's Government Pension Investment Fund (GPIF) has signalled it will step up supervision of its asset managers including by establishing a database to track their stewardship activities and outcomes.