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Canada urged to look to US for nature-based credits
30 May 2024Canada has been encouraged to take inspiration from the US and introduce a variety of nature-based credit markets to help scale up private-sector investment into nature.
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Brookfield offers $6.1bn to delist French energy developer
30 May 2024Brookfield has reached an agreement to take a majority stake in French renewable energy developer Neoen and take the company private, in a deal that values the company at €6.1 billion ($6.6 billion).
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Lightrock launches maiden public strategy
30 May 2024 -
'Weak' EU ETS prices undermining transition investment, research says
30 May 2024 -
German banking group urges review of sustainable finance regulation
30 May 2024 -
Asset owners slow to set recommended decarbonisation targets, PAAO report reveals
30 May 2024Several signatories to the Paris Aligned Asset Owners (PAAO) initiative have been flagged for being slow to set some of the recommended decarbonisation targets, as it published its first progress update.
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Asset owners give backing to Climate Action 100+
30 May 2024A group of 44 asset owners representing over $4 trillion in assets have written in support of Climate Action 100+, the investor-led initiative putting pressure on the world's largest corporate greenhouse gas emitters.
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IDB: Brazil 'green' foreign exchange hub is scalable and impactful
30 May 2024A senior adviser to the Inter-American Development Bank (IDB) is working on making its 'green' foreign exchange (FX) hub launched with Brazil earlier this year scalable for other countries as a means to reduce hedging costs for investors and boosting sustainable investment to emerging markets.
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Some 40 insurers set out plans for nature action with UN
30 May 2024The UN's Principles for Sustainable Insurance (PSI) has outlined the "concrete outputs" it aims to produce from its Nature-Positive Insurance (NPI) working group.
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Index providers must account for ESG data quality to avoid under-serving investors
30 May 2024There is a risk that green-labeled indices may overpromise and under-deliver without a commitment to data quality and transparency from their providers, writes Jonathan Gardiner