Archive

'Lower prices and policy uncertainty likely in wake of EU ETS reform'

A lower cost of emitting can be expected in the wake of the EU revealing details of its reform of its Emissions Trading Scheme (ETS) - but policy uncertainty remains and is likely to be the biggest determinant of prices in the short-term, an asset manager said.

Banks need to do more conservation finance, says Emirates NBD

Many banks "don't do enough" work on conservation finance in emerging markets, said Emirates NBD as it warned of a "fundamental gap" for financing the protection of threatened species.

California consults on changes to delayed climate reporting rule

The California Air Resources Board (CARB) has requested feedback on proposed changes to its climate disclosure rules, including a three-month delay to the first reporting deadline.

EBA publishes standards for ESG reporting by banks

GIX pushes back launch date to 2027 amid 'challenging' backdrop

The Green Impact Exchange (GIX), the first sustainability-focused stock exchange, has pushed back its launch date amid a more challenging fundraising environment for sustainability-focused companies and politicisation of ESG in the US.

MAS carrying out physical risk scenario analysis

The Monetary Authority of Singapore (MAS) is to conduct scenario analysis on the impact of acute physical risk on financial institutions.

Investors shift focus from ESG labels to transition delivery, NatWest says

Bond investors are increasingly moving beyond broad ESG commitments and sustainable finance labels, instead scrutinising how companies plan to deliver their transition strategies ...

Pure plays: 'We are not creating a new label'

The loan market is encouraged to innovate with financing using "streamlined" pure play company guidance, but a dedicated label is not envisaged. Ahren Lester reports

USS to place greater emphasis on physical and transition risk

The Universities Superannuation Scheme (USS), the UK pension scheme for university employees, has taken steps to further integrate climate considerations into its strategic asset allocation.

Preparations for COP17 continue against Global Stocktake backdrop

Policy recommendations for COP17 are being drafted as early assessments of the Global Biodiversity Framework (GBF) progress find that "current efforts are not yet enough" to meet its targets.