It's time for a Marshall Plan for the planet, says Aviva

"A Marshall Plan for the planet" will be needed to help to pay for the trillions needed to build the…

Policy,Stranded Assets

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

Carney: responsible investing will help break the tragedy of the horizon

Mark Carney revisited his landmark tragedy of the horizon speech, this time striking a more positive…

ESG,Policy

RBA calls for climate scenario analysis in economic modelling

The Reserve Bank of Australia (RBA) has warned that climate change affects both monetary policy and financial…

Investors,Policy,Stranded Assets

Irish central bank warns of slow transition to green economy

A slow transition to a low-carbon economy would pose macroeconomic and financial stability risks, according…

Policy

Supervising an orderly transition

Why is the Bank of England increasingly focusing on climate change? Sarah Breeden explains its approach to Peter Cripps

Policy,Stranded Assets

IIGCC publishes climate scenario analysis guide

Investors who use scenario analysis will be better equipped to respond to early warning signs, such as…

ESG,Investors,Policy

Central banks make rallying cry for swift action on climate risk

The financial risks presented by climate change are “system-wide and potentially irreversible… and [these]…

Debt,Investors,Policy

Carney launches Climate Financial Risk Forum

The UK's Prudential Regulation Authority (PRA) is to step up its oversight of climate change after a…

Debt

Banque de France and I4CE form climate finance partnership

The Banque de France and the Institute for Climate Economics (I4CE) are forming a partnership to exchange…

People,Policy

Steering group for Green Finance Institute announced

A steering group has been assembled to guide the launch of the UK's Green Finance Institute.

Policy

Investors offered tool to model low-carbon transition risk

A modelling tool to help investors and regulators assess how the transition to a low-carbon economy will…

Investors,Policy

Make climate risk reporting mandatory by 2022, says UK parliamentary committee

Asset owners and large companies based in the UK should be forced to report their exposure to climate-related…

Investors,Policy

New report aims to help companies disclose physical climate risks

The disclosure of physical climate risks has received less attention than reporting transition climate…

Investors

People moves: Montanaro Asset Management, UNEP Finance Initiative, Beyond Ratings and Lekela

Montanaro Asset Management has set up an advisory committee for its Better World Fund, to be chaired…

People

TCFD recommendations should remain voluntary, says UK regulator

It is important that the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)…

ESG,Policy

Could blockchain save the planet?

Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.

TCFD targets 500 backers before autumn

The Task Force on Climate-related Financial Disclosures (TCFD) secretariat has set a goal for 500 companies…

Investors,Policy

EBRD working group to present TCFD physical risk guidance

A working group to advance the Task Force on Climate-related Financial Disclosure (TCFD)'s guidance on…

Investors,Policy

Natural catastrophes in 2017 hit insurers hard

Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as…

Investors,Policy,Water