Ahren Lester

Taxonomy-linked 'greenwashing' rules could hurt EM transition financing

Regulations to tackle greenwashing which are tied to European 'green' taxonomies could inadvertently constrain "necessary" transition financing in emerging markets, according to Fidelity International.

Quantitative data is not 'cure' for transition transparency, honesty challenge

Disclosing more quantitative data will not be sufficient to "cure" issues around transparency and honesty in transition finance, investors told an Environmental Finance event.

Climate-linked executive pay-outs 'fundamentally flawed'

Current attempts to link executive pay to climate change targets are "fundamentally flawed" and investors should look to encourage a move away from their use, according to investment advisory firm Pensions & Investment Research Consultants (PIRC).

CBI launches sustainability-linked bond certification scheme

The Climate Bonds Initiative (CBI) has launched a certification scheme for sustainability-linked bonds and company-level transition plans, in what the influential not-for-profit called a "major step forward" for financial markets.

Loan round-up: JSW, Ziraat Bank, Akbank ... and more

Bond round-up: Cyprus, Turkey, sovereign spotlight, Durr, IBRD ... and more

Sustainability-linked targets could add 'discipline' in green bond markets

Using sustainability-linked targets in green bonds could provide the "missing" element to promote more discipline and tackle greenwashing, according to Atlanticomnium.

Legal & General to close green bond ETF after two years

Legal & General Investment Management (LGIM) is closing its dedicated green bond exchange-trade fund (ETF) from May, just two years after launching the fund.

NY Fed: US bank transition risk exposure 'meaningful, but manageable'

Research by the New York Federal Reserve said that US banks have a "meaningful" but "not very large" exposure to climate transition risk in their loan portfolios, with even the most severe scenarios impacting no more than 16% of their loan books.

Citi launches sustainable time deposit account for US clients