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IIGCC looks to phase two of physical risk assessment after implementation success
15 August 2024 -
Costa Rican sustainable finance taxonomy launched
15 August 2024The major financial regulators of Costa Rica have vowed to "promote and integrate" the national sustainable finance taxonomy into their activities after the Latin American country published the landmark 'green' list.
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More standardisation needed for bank transition plans, says Sustainable Finance Lab
15 August 2024 -
ECB's approach fails to recognise credit risk of transitioning too fast, says US banks group
15 August 2024The European Central Bank (ECB)'s approach to push banks to reduce their credit risk by decarbonising is flawed, as it oversimplifies the link between emissions and default risk and fails to recognise the risk of "transitioning too fast", a US banking group has claimed.
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Schroders wins £2bn from WPP for UK-based 'positive impact' real estate
15 August 2024 -
SEB Greentech leads €5m in Finnish liquid analyser start-up
15 August 2024 -
Solar, wind and hydrogen 'most at-risk' areas of IRA if Trump wins
14 August 2024Subsidies for US solar, wind, electric vehicles (EVs) and hydrogen are among the areas of the Inflation Reduction Act (IRA) most at risk of being culled if Donald Trump wins the US election in November, a fund manager has predicted.
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Sustainable Debt Round-up: Volkswagen, NY State Electric & Gas, EcoPro Global Hungary... and more
14 August 2024 -
BlackRock using AI to create nature exposure scores
14 August 2024BlackRock is using artificial intelligence to help assess its exposure to growing nature-related risks and assess investment opportunities.
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US states urge FASB not to include SEC rules in accounting standards
14 August 2024Financial officers in 22 US states have urged the Financial Accounting Standards Board (FASB) not to incorporate the Securities and Exchange Commission (SEC)'s climate-disclosure rules "or any similar climate-related criteria" into US accounting standards.