Ahren Lester

PBoC considers mandatory climate disclosure to support 'green' recovery

The governor of the People's Bank of China (PBoC) has announced the central bank will consider making climate disclosure mandatory and seek to make it easier for international investors to access the green finance market in the country.

Just 18% of transport firms have Paris-aligned climate targets, says TPI

Less than a fifth of transport firms have set carbon emissions reduction plans that are aligned with the Paris Agreement targets, according to a report by the investor-backed Transition Pathway Initiative (TPI), with the airline industry the worst performer.

Bond round-up: AES, Credit Agricole, VakifBank, Russian Railways, BPCE ... and more

Taskforce outlines 12 tools for zero carbon heating investment

An expert taskforce convened by the Coalition for the Energy Efficiency of Buildings (CEEB) has published a report detailing a dozen financial tools to bolster investment in the decarbonisation of UK domestic building heating.

Sovereign green bonds now 'attractive' for debt offices, says UK debt chief

Bank of England hoax claims fossil fuel exclusion from asset purchase fund

A hoax Bank of England (BoE) press release falsely announced the central bank will exclude firms that are most exposed to climate risk from its £20 billion ($27 billion) corporate bond purchase programme.

EU 'brown' taxonomy proposals split financial sector

EIOPA to take 'three-stage approach' on climate disclosure standards

The European Insurance and Occupational Pensions Authority (EIOPA) will adopt a three-stage approach towards developing climate disclosure standards for the insurance and pension sector amid challenges currently faced by poor or lacking data.

News round-up: TNFD expands, GIG enters India, Chinese ESG ETF growth ... and more

EU climate benchmarks complete regulatory journey

Two closely watched EU climate benchmarks intended to address the risk of 'greenwashing' are set to come into force before the end of 2020 after officially entering the official journal of the bloc.