Riksbank divestments ‘open floodgates’ to questions on climate divestment

The Swedish Riksbank’s climate-related divestment from carbon-intensive issuers is set to ramp up the…

Debt,Green Bonds,Investors,Policy,Stranded Assets

Candriam: Investors need policy support to drive transition

Candriam's Wim Van Hyfte says the president of the Bundesbank is wrong to suggest that not all areas of sustainable finance are a central bank's domain. He tells Michael Hurley why

Investors,Policy

InsuranceERM survey: CROs take the lead on climate risk management

Survey of UK insurers reveal roles responsible for financial risks arising from climate change

Insurance,Investors,Policy

WCI Carbon Market Update, 12 November 2019

A modest rise in CCA prices last week suggests the market has not been badly shaken by the Trump administration's…

Carbon,Policy

MSCI anticipates EU climate benchmarks with new index series

MSCI has raced out of the EU legislative starting blocks with the launch of two series of indexes designed…

Investors,Policy

EU countries urged by MEPs to ‘at least double’ GCF pledges

Every country in the EU should “at least double” their contribution to the Green Climate Fund, the influential…

Policy

Businesses urged to adopt 'natural capital thinking'

Companies around the world are being encouraged to sign a 'Natural Capital Commitment' to help reverse…

ESG,Policy,Water

WCI Carbon Market Update, 4 November 2019

The reaction of financial sector players to President Trump's legal challenge to the WCI market could…

Carbon,Policy

New Zealand consults on comply-or-explain TCFD disclosures

New Zealand’s government has opened a consultation on introducing a comply-or-explain disclosure regime…

Policy

‘Sustainable’ securitisations to benefit from central banks’ ESG push: Moody’s

‘Sustainable’ corporate debt securitisations are set to benefit from central banks’ increased focus on…

Debt,Investors,Policy

Bundesbank chief rejects risk weighting adjustment for green assets

Climate risks impact on the core tasks of central banks but “it would be wrong to want to use banking…

Investors,Markets,Policy

‘World-leading’ UK Stewardship Code aims for greenwashing crackdown

ESG,Policy

IOPS says ESG integration 'is in line with fiduciary duty'

A group of 87 pension fund regulators and supervisors has been advised to clarify that the explicit integration…

Investors,Policy,Stranded Assets

Bioenergy, agriculture and forestry groups lament EU Taxonomy criteria

The “regrettable divergence” of the EU sustainability taxonomy’s criteria from existing European renewable…

Policy

CDP maps its data and tools onto EU sustainable finance measures

CDP (formerly the Carbon Disclosure Project) has issued guidance to help investors, policy-makers and…

ESG,Policy

EU carbon market update, 21 October

Brexit remains the focus of attention in the EU Allowance (EUA) market this week and further volatility…

Carbon,Policy

EU spawns global sustainable finance platform

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

Policy

NGFS publishes portfolio management guide for central banks

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

ESG,Policy

Central banks should remove market neutrality, says CBI

Central banks are being recommended to remove their doctrine of market neutrality in order to tackle…

Carbon,Debt,Policy

UK regulator prepares ‘comply or explain’ TCFD rules

The UK’s financial conduct watchdog will consult on new rules to encourage disclosure of climate-related…

Policy