Archive

Investors welcome COP27 support for nature-based solutions

Investors have welcomed the final agreement of COP27 encouraging the use of nature-based solutions, with one suggesting an increased focus on nature by governments could help the private sector price natural assets more effectively.

COP27: Regulators weigh-in on carbon markets

A group representing global financial regulators has made recommendations to improve the integrity of the carbon markets, pointing out that they have "so far fallen short of their [environmental] objectives".

The role of blended financing in a just energy transition

The current 'poly crisis' presents an opportunity to combine economic and environmental policies allowing sustainable development, write Gustavo Medeiros and Iselin Aslakstrom

Zurich commits to 5% of portfolio in impact investing by 2025

Zurich Insurance has pledged to increase its impact investment from 3% of its portfolio to 5% over the next three years, a sister publication of Environmental Finance has learnt.

UOB sets 2050 net zero target, rules out new oil and gas financing

United Overseas Bank (UOB) has announced a 2050 net zero target across its lending portfolio, and has also become the first bank in Asia to rule out new financing for upstream oil and gas projects.

People Moves 21 October: including American Securities, BNY Mellon, PAI Partners & more

Climate Bonds Standard extension to SLBs to 'fire integrity'

The Climate Bonds Initiative (CBI) is to extend its Climate Bonds Standard and certification scheme to cover sustainability-linked bonds (SLBs), in a move the organisation said would "fire ambition and integrity" in the market.

Interview: Maersk on limited and reasonable assurance

Following her appearance at The Future of ESG Data conference, Lene Bjørn Serpa, Maersk's head of corporate sustainability and ESG, discusses the role of assurance in strengthening internal controls. Interview by Vincent Huck

Cities need gear change in net zero finance, says consulting group

Existing financial instruments will be far from enough for European cities to reach net zero and new models must be devised that combine private and public finance, a financial consultant has told Environmental Finance.

Malta urged to issue sovereign green bond to 'jumpstart' local market

The Maltese government has been urged by its central bank to issue the first green bond in the country in the hope of "jumpstarting" the local sustainable finance market.