Archive

Tobam to reduce carbon footprint in fixed income portfolios

French asset manager Tobam aims to reduce the carbon footprint of its fixed income portfolios, to at least 20% below that of their reference benchmarks.

Latest GCF meeting commits $266.9m across 10 projects

The Green Climate Fund (GCF) has agreed to invest $266.9 million in 10 more projects in emerging markets. Alongside co-financing, the commitments will see over $1.4 billion invested for low-emission, climate-resilient development.

EU Weekly Carbon Update, 8 July 2019

Sharply lower EUA auction volumes this week should counter the effect of lower clean-dark spreads, says Louis Redshaw*.

WCI Carbon Market Update, 8 July 2019

Financial market players seem set to be active in the WCI for the long term, says Nicolas Girod*, who remains bullish about CCA prices

‘Clear need’ for more consultants to help meet EU taxonomy needs

There is a “clear need” for more consultancy firms to help financial institutions and corporates meet the requirements of the EU’s climate-related taxonomy, according to London-based law firm Linklaters.

The SDGs won't be achieved without a holistic approach

A piecemeal approach will not help us reach the 2030 targets, argues Careen Abb

SUSI to launch delayed €1bn renewables vehicle after change of strategy

California warned of further earthquakes after Ridgecrest

Parts of southern California can expect further large-scale earthquakes following two large tremors at the end of last week, an industry expert has warned.

HSBC launches green loan range for SMEs in UK

HSBC has launched a range of green loans for British small and medium-size enterprises (SMEs), shortly after the UK launched its green finance strategy.

Central banks are 'not leading by example' on climate change

Central banks have started playing "a crucial role" in mobilising the institutions they supervise to address climate risks, but "seem more hesitant to lead by example" when it comes to their own investments, a report argues.