Christopher Marchant

Principles for financing green home retrofitting launched

The UK's Green Finance Institute (GFI) has launched the Green Home Retrofit Finance Principles (GHRFPs), backed by institutions including Lloyds Bank and NatWest, which until recently was known as RBS.

Covid-19 pandemic must not distract from fight against climate change, says investor group

International businesses and world leaders should 'resist the trap' of setting aside issues relating to climate change to focus only on the fallout from the Covid-19 pandemic, according to the Coalition for Climate Resilient Investment (CCRI).

People Moves 25 September: Tribe Impact Capital, Ålandsbanken

The biggest announcements so far from Climate Week

As Climate Week draws to a close, here are some of the most important announcements from an event defined by the coronavirus pandemic.

First used cooking oil futures contracts traded

US-based derivatives marketplace CME Group has confirmed the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts for the European market.

Climate stocks shine in year of Covid-19, says HSBC

Companies that earn revenues by providing climate solutions have consistently outperformed in a year marked by the coronavirus pandemic, according to research from HSBC.

Alok Sharma: COP 26 'will see agreement' on Article 6 debate

Alok Sharma, president of the United Nations Climate Change Conference (COP26) has spoken of his confidence in Article 6 of the Paris Agreement - relating to carbon markets and yet to be ratified - being agreed next year.

The 'biodiversity funding gap' is up to $824bn a year

Financial flows into global biodiversity conservation in 2019 have been estimated at between $124 and $143 billion but the estimated amount needed to protect the earth's biodiversity is $722- $967 billion per year, leaving a current biodiversity financing gap of between $598 billion and $824 billion annually.

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

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.