Christopher Marchant

Carbon markets grow despite lingering complications

Carbon markets in Europe and North America have shown resilience in the face of a changing political and regulatory landscape. The winners of Environmental Finance's Market Rankings commented on the year that was and what promises to be a dynamic twelve months ahead. Christopher Marchant reports

Cubico sells stake in UK wind and solar portfolio

Renewables firm Cubico Sustainable Investments (Cubico) has agreed to sell a 49% equity stake in its UK operational wind and solar portfolio to GLIL Infrastructure (GLIL), the £1.8 billion infrastructure fund backed by Northern Local Government Pension Scheme and Local Pensions Partnership.

Credit Suisse to cease funding new coal-fired plants

In a significant shift to its environmental, social and governance (ESG) policy, Credit Suisse is to stop any form of financing specifically related to the development of new coal-fired power plants.

World Bank unveils carbon markets implementation partnership

An initiative to promote the use of carbon pricing has been announced on the sidelines of the COP25 event in Madrid.

First green bond from mining company issued

A mining company has issued a green bond, as the green bond market continues its push into high-carbon parts of the economy.

ESG in fiduciary duty debate is over, says PRI

The debate about whether environmental, social and governance (ESG) issues are part of fiduciary duty "is now over", according to the Principles for Responsible Investment (PRI).

At least 10% of stocks face high climate transition risks, warns DWS

Between 10% and 20% of stocks face high or excessive climate transition risk, DWS has warned.

MSCI makes ESG company ratings publicly available

The MSCI environmental, social and governance (ESG) Ratings of over 2,800 companies in the MSCI ACWI Index have become publicly available.

'Rice bonds' could boost climate resilience, say consultants

New finance solutions, such as bonds attached to sustainable rice harvesting, are urgently needed to unlock private sector finance in support of global food security and climate resilience, according to consultancy Earth Security Group.

AXA reveals more details of third impact fund