-
EU ETS prices not high enough to trigger switch from coal, says Natixis
15 October 2018The surge in the price of EU carbon allowances in the past months remains insufficient to trigger a switch away from heavily polluting fuels such as coal, according to French bank Natixis.
-
PRA 'expects' banks and insurers to report climate risks
15 October 2018Insurers and banks are to be expected to manage and report their climate-related risks, according to a draft supervisory statement from the UK's Prudential Regulation Authority (PRA).
-
People moves: Aviva, ShareAction, Calvert
12 October 2018Mark Wilson is to step down as CEO of Aviva in April 2019.
-
BP CEO sparks row as he attacks scenario planning and divestment
12 October 2018BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.
-
Ireland issues €3 billion green bond
12 October 2018The Republic of Ireland has made its debut in the green bond market with a €3 billion ($3.5 billion) transaction.
-
Insurers 'will not be allowed to walk away' from areas hit by climate change
11 October 2018Politicians "will eat insurers' lunch" if they try to walk away from insuring areas that suffer the adverse impacts of climate change, a regulator has warned.
-
DNB’s energy transition stress test projects ‘sizeable’ losses
11 October 2018Netherlands-based insurers and pension funds potentially face ‘sizeable’ losses of up to 10% of their assets in the next five years in the transition to a low-carbon economy, according to a stress test by the Dutch central bank.
-
R&I plans to exclude coal and oil companies from its second opinion service
11 October 2018A chief analyst at Rating and Investment Information (R&I) said the company plans to exclude coal and oil companies from its second opinion provider service for green bonds.
-
No more excuses: Financing 1.5C
11 October 2018The financial sector must play a critical enabling role to limit global warming to below 1.5 degrees. Investors need to quickly overhaul their strategies for climate change to be halted in just over a decade, and there are already tools and solutions available to help investors align with this goal, finds Environmental Finance
-
Green bond round-up, 10 October 2018
10 October 2018