Archive

'Logical' to expect climate-related capital requirements - ECB's Elderson

It is "logical" to expect that banks will be required to hold more capital in reserve to cover climate-related risks, a senior official at the European Central Bank has said, in the strongest indication yet that the central bank will adapt prudential requirements to cover climate risks.

Finance for Biodiversity calls for input to impact assessment guide

Financial institutions, corporates, governments and regulators have been asked to explain how they measure and manage biodiversity impact, as part of an effort to publish a guide on the current state of biodiversity approaches for financial institutions.

Russia adopts national green taxonomy

Russia has adopted its own national taxonomy of 'green' activities which has been designed to be broadly in line with the taxonomies already published by the Climate Bonds Initiative (CBI) and EU.

KfW launches Latin America green bond fund

KfW has invested €74 million ($86 million) in a Latin America green bond fund the German development bank has initiated...

Scaling carbon management and removals

Rapid growth in the carbon management sector can help meet the Paris Agreement goals, but policymakers, capital markets, science and entrepreneurs must all play their part, says Jonathan Goldberg

2X Challenge aims to raise $15bn in gender-lens climate finance

The 2X Challenge has announced it aims to raise $15 billion for gender-lens investment after securing more than double its original $3 billion target.

COP26 draft agreement 'needs more ambition'

A draft agreement thrashed out at COP26 has been praised for committing to phase out coal and subsidies for fossil fuels, but was lambasted for failing to scale up climate finance to the most vulnerable countries, and was accused of an overall lack of ambition.

Bond round-up: Ford, Faurecia, TenneT, Atos, Colgate-Palmolive, Dios ... and more

COP26 round-up, 10 November: Cars, Amazon and asset owners

24 countries commit to zero-emission cars by 2040