Archive

Indosuez launches impact fund

Microsoft and BTG Pactual announce landmark carbon credit deal

BTG Pactual Timberland Investment Group (TIG) has agreed to provide Microsoft with eight million nature-based carbon removal credits, believed to be the largest carbon removal transaction to date.

Verdane, Södra back Nordic carbon capture and offsetting business

Private equity investor Verdane has provided two years of funding in carbon removals business Njord Carbon, alongside Swedish forest owner association Södra.

EU countries agree weakened text for green claims directive

EU countries have agreed a text for the proposed Green Claims Directive which contains weaker language on the use of carbon credits than that agreed by the European Parliament.

EU Green Bond Standard is 'quite tricky' - especially for sovereigns, says CA-CIB

Issuing green bonds using the EU Green Bond Standard (GBS) is "quite tricky" and is unlikely to see a lot of issuance except among a "handful" of issuers in the near term, according to Crédit Agricole Corporate & Investment Bank (CA-CIB).

ShareAction calls for stronger asset manager approach to fossil fuels

Asset managers must take a more robust approach to fossil fuel -producing companies, according to a new paper from ShareAction, as current policies could harm the transition to a lower-carbon economy.

Heidelberg Materials raises €700m from ground-breaking green bond

Companies waiting for data before TNFD reporting

Companies are hoping to improve the quality of the data at their disposal before they commit to reporting in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), according to a report.

EU Nature Restoration Law finally approved in 'massive victory for nature'

An EU law to restore at least 20% of the EU's land and sea areas by 2030 has been approved after a 'compromise' text won a slim majority among EU countries - a move welcomed by investors and NGOs who called it "a massive victory for Europe's nature".

Persefoni adds First Street's physical risk data