Archive

NGFS adds 'too little, too late' climate scenario, drops 1.5°C model

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has updated its climate scenarios, adding one in which warming hits 2.3°C due to countries with net zero targets not taking sufficient action and dropping a 1.5°C-aligned model.

Nature 'to become a mainstream asset class', says Lombard Odier

Agriculture - and nature more broadly - will become a mainstream asset class for investors, Lombard Odier's head of research has predicted, describing nature as "the most underpriced asset".

WTW launches Asia-Pacific climate risk centre in Singapore

Uruguay raises $700m from sustainability-linked bond tap

Uruguay has raised $700 million from an oversubscribed tap of its sustainability-linked bond (SLB), a year after its ground-breaking debut transaction.

CFA Institute launches 'climate risk, valuation and investing certificate'

Nikko AM acquires minority stake in Osmosis

MFA warns SEC against repeating SFDR 'pitfalls'

The Managed Funds Association (MFA) has urged the US Securities and Exchange Commission (SEC) to update its proposed system for the categorisation of sustainability funds to avoid similar "pitfalls" to the EU's Sustainable Finance Disclosure Regulation (SFDR).

Technology-based solutions 'could bring credibility to the carbon market'

Technology-based solutions could help bring more credibility to the voluntary carbon market, and play a pivotal role in the Article 6 mechanism expected to be thrashed out at COP28, a project developer has said.

'Transition is the new battleground'

Following the launch of ASEAN transition finance guidance, Eugene Wong argues that the shift to net zero requires a local, rather than a global, approach. Ahren Lester reports

Sustainability-linked bond coupon steps jump higher in 2023

The most common maximum coupon step-ups associated with sustainability-linked bonds (SLB) have risen sharply in 2023 amid rising interest rates and greater market scrutiny of the materiality of the performance-based instrument.