Central banks send powerful climate risk message with landmark report

A report by some of the world’s most influential central banks and supervisors has sent a shot across…

Policy

Finance ministers pledge more action on climate change

A group of 23 finance ministers have committed to take stronger collective action on climate change and…

ESG,Green Bonds,Policy

EU carbon market update, 16 April 2019

It is difficult not to be bullish this week, after another strong rise in the EU Allowance price, but…

Carbon,Policy

UK's PRA is first regulator to publish supervisory statement on climate change

The UK's Prudential Regulation Authority (PRA) has become the first regulator to publish its expectations…

Policy

WCI carbon market update, 15 April 2019

After four weeks of gains, the price of California Carbon Allowances (CCAs) may be due for some consolidation.…

Carbon,Policy

French regulator calls for ‘green and brown’ taxonomy

France’s financial regulator has called for the rapid introduction of a formal definition of investments…

Debt,Policy,Insurance

Hong Kong regulator says funds must justify their ESG claims

Hong Kong’s securities regulator has said that funds claiming to consider environmental, social or governance…

Investors,Policy

EU carbon market update, 9 April 2019

Wow! EU allowances (EUAs) end the week a massive €3 (14%) up, in a week of massive volatility and price…

Carbon,Policy

Netherlands aims for €10bn from sovereign green bonds

The Dutch government said it aims to raise between €4 billion ($4.5 billion) and €6 billion from its…

Green Bonds,Policy

Insurers say climate change is now their top risk

Climate change has supplanted cyber risk as the top risk for the world's insurers, according to a recent…

Investors,Policy,Insurance

Norway’s oil fund opens door to investments in unlisted renewables

Norway’s $1 trillion sovereign wealth fund is to be allowed to invest in unlisted renewables assets,…

Investors,Policy

Dai-ichi Life emphasises climate change in revised investment policy

Japanese insurer Dai-ichi Life has revised its investment policy in line with Japan’s stewardship code,…

ESG,Investors,Policy,Insurance

EU carbon market update, 1 April 2019

Lower auction volume is a bullish factor, but energy prices and the Brexit debate will also have a big…

Carbon,Policy

Exchanges warn against rush to regulate sustainability reporting

Leading stock exchanges have cautioned against the hasty introduction of regulations governing sustainability…

ESG,Equity,Policy

City of London sets Green Finance Institute launch date

The City of London Corporation’s Green Finance Institute will be launched on 2 July, it has been revealed.

ESG,Policy

Sustainability taxonomy passes through EU Parliament

The EU’s taxonomy of sustainable activities has been approved by the European Parliament, paving the…

Policy

London and Amsterdam top index of world’s green financial centres

European cities dominated an index of the world’s top green financial centres, with London and Amsterdam…

ESG,Investors,Policy

Australia launches HLEG-style sustainable finance initiative

A group of leaders and senior executives at Australia’s major banks, superannuation funds and insurance…

ESG,Investors,Policy

Poor ESG data hinders investment decisions, says SSgA

The opaqueness of data around environmental, social and governance (ESG) investing is acting as an impediment…

ESG,Investors,Policy

EU carbon market update, 25 March 2019

Carbon,Policy