Archive

IMF publicly supports EU proposal to apply carbon pricing to imports

The head of the International Monetary Fund (IMF) has backed proposals by the EU to introduce carbon levies to imports if major emitting countries are unable to agree a minimum carbon price.

Human behaviour is the missing link in adapting to climate risk

There are lessons from the Covid-19 pandemic that help us better prepare for climate change, argues Nidia Martinez

People Moves 18 September: Qontigo; Citi; Moody's; Impax; Pimco; HSBC; Finance Watch; Lombard Odier; SDCL

Apollo names impact management team

Private equity firm Apollo has named the team that will lead its impact investment arm.

Environmental Finance Autumn 2020 magazine has landed

The Autumn 2020 edition of Environmental Finance is now available to download as a PDF.

US wildfires to cost insurers up to $8bn, Moody's estimates

Western state blazes have claimed 34 lives and destroyed almost 10,000 homes

Insurers "distressingly absent" in push for US climate legislation

There is a "sincere expression of disinterest" from the insurance industry to help bring climate legislation to the US, according to Sheldon Whitehouse, Democratic senator for Rhode Island.

Novartis issues first Sustainability-linked Bond with social targets

Swiss pharmaceutical company Novartis has issued a €1.85 billion ($2.2 billion) sustainability-linked bond (SLB) - the first SLB to incorporate social targets.

EUA prices 'could soar to €51 by 2030' after EU raises climate ambition

A raised EU target to cut emissions by 2030 could send average carbon prices 55% higher than previously forecast over the next decade, hitting a new record of €50 by 2030, according to a report by Refinitiv.

Bridges and AEA plan $400m SDG-aligned IPO

UK-based investment firm Bridges Fund Management and US-based AEA Investors plan to raise $400 million by floating a new 'blank-check acquisition company' with a focus on impact investing.