Archive

'Bring it on': California commissioner bullish on fossil fuel divestment

Commissioner Dave Jones was threatened with legal action from 12 Republican attorney generals who oppose his fossil fuel investments disclosure initiative. The threats appear to have spurred Jones on, however. Callum Tanner reports

Climate change is not priced-in, warns Schroders

The impacts of climate change are not adequately 'priced in' to companies' valuations, creating enormous financial risks and opportunities, Schroders has warned.

European energy efficient mortgage trial to sign up additional banks

The Energy efficient Mortgages Action Plan (EeMAP) is to recruit additional banks to its trial aiming to develop a standardised mortgage product for use across Europe.

EDF eyes impact bond for Louisiana wetlands project

Environmental Defense Fund (EDF), a US advocacy group, is working on the design of an 'environmental impact bond' (EIB) to finance a coastal wetlands restoration project in Louisiana.

RLAM shuts £35m UK ethical fund

Royal London Asset Management (RLAM) is set to close its £35 million ($45.2 million) UK Ethical Equity Fund after six years to focus on its £536 million Sustainable Leaders Fund.

Time for UK to take lead in tidal power

Tidal power could provide a substantial share of the UK's future energy requirements and the long life of the underlying assets could be attractive to pension funds, says Liam O'Keeffe.

VCS proposes introduction of hydropower sustainability assessment

US-based voluntary carbon standard developer Verified Carbon Standard (VCS) is considering introducing a specific sustainability assessment for all hydropower projects.

People Moves: AXA IM, Solactive, REG, Boralex

Experts call for reform of financial regulation to promote sustainability

Regulations governing banks, insurers and asset managers should be reformed "to facilitate green and sustainable investment", according to a group of experts appointed by the European Commission.

Sustainable finance experts call for European standard for green bonds

An official European standard and label for green bonds should be developed, according to the High-Level Expert Group (HLEG) on Sustainable Finance, appointed by the European Commission.