Archive

Piraeus readies €6bn for 'green transition'

People Moves, 25 October: MSCI, JP Morgan, LGT, Redwheel ... and more

COP16: TNFD adopters hits 500

Over 500 organisations have now committed to reporting in line with the Taskforce on Nature-related Financial Disclosures (TNFD).

Azerbaijan, IFC sustainable taxonomy 'roadmap' to launch at COP29

The Central Bank of Azerbaijan and International Finance Corporation (IFC) are set to publish a sustainable finance taxonomy "roadmap" to encourage interoperability between the rapidly growing number of national 'green lists' in development.

Bundling social and environmental impact into a single strategy is a 'mistake', claims Mirova

Impact investors who embed social impact investments in a broader strategy, rather than focusing on it solely are making a "mistake", Mirova has claimed.

Financial institutions say Canada anti-greenwashing rule has reduced access to ESG data

Financial institutions have warned the Canadian government that a recently introduced anti-greenwashing rule has led companies to withdraw from their websites the sustainability-related information investors require.

Invesco 'blown away' by demand for climate adaptation blended finance fund

Invesco said it has been "blown away" by the early institutional investor demand for its ground-breaking emerging market (EM) climate adaptation blended finance fund, including from North America.

G20 finance ministers and central bankers endorse transition plan work

The G20 Finance Ministers and Central Bank Governors have endorsed recommendations on improving the credibility of private sector transition plans including with high-level principles on what makes a good plan, in a communiqué following meetings this week.

Morningstar forecasts more upheaval in sustainable funds space as closures continue

Financial institutions 'think they don't have a real footprint on nature', says NatureTech Alliance

Financial institutions are lagging behind the rest of the private sector, research from the NatureTech Alliance has found, with data fragmentation also proving a key barrier.