Archive

Voting underway in annual poll of voluntary carbon market

Nominations for Environmental Finance's 11th Annual Voluntary Carbon Markets Rankings are now open.

World Bank launches EM green taxonomy development guidelines

The World Bank has published a guide for Emerging Market (EM) financial regulators that outlines the process required to develop their own taxonomy on activities and assets that can be deemed 'green'.

Mark Carney launches climate disclosure initiative with London Stock Exchange

Former Bank of England governor Mark Carney and the London Stock Exchange plan to establish a global coalition of stock exchanges supporting climate disclosure in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Private wealth firms encouraged to develop impact, ESG products

Managers of private wealth, including family offices and high-net-worth individuals (HNWIs), have been encouraged to develop more products that focus on creating positive impact or that incorporate environmental, social or governance (ESG) considerations.

ECB asset purchases could encourage more green bonds, says Fitch

The likelihood of the European Central Bank (ECB) taking climate change considerations into account in its €2.8 trillion ($3.2 trillion) asset purchase programme (APP) could boost issuance of green bonds, said ratings agency Fitch.

WCI Carbon Market Update, 13 July 2020

Fundamental price drivers remain weak, but the economies of Quebec and California are both recovering says Nicolas Girod*.

Australian pension fund to exit coal amid climate announcements

Australian pension fund First State Super has outlined a number of climate change actions and targets, including exiting thermal coal, as it urged other Australian pension funds to do the same.

Foresight buys £1.8bn pension fund asset manager PiP

Foresight has agreed to buy the UK's Pension Infrastructure Platform (PiP) for an undisclosed sum as it continues to bolster its sustainable infrastructure assets.

People Moves, 10 July: BT Pension; Mirova; JPMorgan; RPMI Railpen; Aegon; Gresham House

UBS backs $182m impact fund for female tech entrepreneurs

Rethink Impact's second impact fund dedicated to investing in female entrepreneurs in technology raised $182 million at final close, including $56 million from UBS Wealth Management.