World Bank sells $250m green bond to California

Nine banks in ECB's crosshairs for fines after failing to meet sustainability expectations

Nine "outlier" banks missed a deadline to satisfy minimum expectations on management of climate and other environmental risks and have been told they face potential fines from the European Central Bank (ECB).

Financial innovation in the agri-food sector

New practices are needed to mitigate the climate and nature related risks in our food system, writes Daniel McQuillan

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.

People Moves, 11 July: Clifford Capital, Japan FSA, BNY, Revaia_ ... and more

Mars launches $250m climate solutions fund