-
EU raises €7bn from first new green bond since 2022
20 March 2024The EU has raised €7 billion ($7.6 billion) from a green bond in a deal that was more than 12-times oversubscribed.
-
CSDDD clears hurdle after approval in Parliamentary committee
19 March 2024 -
BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations
19 March 2024A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.
-
EU pension fund investments are 4.5% aligned with taxonomy, EIOPA says
18 March 2024 -
Commission to delay review of Green Asset Ratio for banks
18 March 2024The European Commission is to postpone a review of the much-maligned Green Asset Ratio (GAR) reporting indicator for banks, a key figure at the EU's executive arm has said.
-
CSDDD agreed, in watershed moment, but is weakened to 'shadow of former self'
15 March 2024The EU passed a landmark sustainability reporting law which, although significantly weakened from previous versions, was described as "a watershed moment for corporate accountability".
-
ECB's Elderson urges banks to set transition plans to meet incoming regulation
14 March 2024Banks have been urged to publish "Paris-compatible transition plans" to prepare for upcoming legal requirements, by a member of the executive board of the European Central Bank (ECB).
-
EBRD: lack of scalable projects means nature is stuck in pilot phase
14 March 2024The lack of scalable projects is the biggest issue preventing development bank financing in nature-based solutions, the European Bank for Reconstruction and Development told an Environmental Finance event.
-
Hopes landmark EU nature restoration law will pass, as elections loom
14 March 2024An EU policymaker is "optimistic" that a landmark law to restore nature in the bloc will soon be adopted, the latest in a series of green policies which are expected to be completed ahead of elections later this year.
-
EU preparing biodiversity risk assessment framework
13 March 2024The European Commission is preparing to publish a framework designed to help financial institutions assess nature-related risks in coming weeks, an Environmental Finance conference heard.