Archive

Blueprint for 'loss and damage' fund drawn up ahead of COP28

A preliminary design for the controversial 'loss and damage' fund has been sent to COP28 negotiators - but the proposal lacks the support of the US, casting doubt over whether it will be agreed at the summit next month.

KKR announces $2.8bn close of second impact fund

American private equity firm KKR has announced the close of its $2.8 billion Global Impact Fund II (GIF II).

LGIM launches 'unique' ESG emerging market sovereign bond index fund

Legal and General Investment Management (LGIM) has launched a "unique" sustainability-focused emerging market (EM) sovereign bond index fund in its Future World series, which it said aims to "eliminate" the "ingrained income bias" that impacts sovereign ESG scores.

Calling for a revolution to resolve food's sustainability paradox

Innovation and investment are needed to deliver more food production yet cut the industry's greenhouse gas emissions, argue Vincent Nobilet and Frédéric Dubois

UK urged to implement delayed SDR framework with amendments for social-related disclosures

Hong Kong Exchange delays implementation of ISSB-style rules

Hong Kong Exchange (HKEX) has delayed by one year, to January 2025, the implementation of climate-related disclosure rules based on International Sustainability Standards Board (ISSB) standards.

IAIS issues 'call to action' to close natural catastrophe protection gap

The International Association of Insurance Supervisors (IAIS) urged supervisors to help the industry close the growing natural catastrophe (NatCat) protection gap, arguing this task is "central" to the work of insurance supervisors.

Financial institutions should play 'key' role in EU's CSDDD, claim Dutch investors

Australia looking to expand climate disclosures into nature

Australia is looking to build flexibility into its climate disclosure regulations, with a view to expanding disclosures into nature-related issues in the future.

Scrap Article 8, 9 and create 'transition' & 'impact' labels, Dutch regulator tells EU

The EU should scrap the widely "misused" sustainability categories at the heart of its flagship sustainable investment regulation, the Dutch financial markets regulator has recommended.