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Climate change concerns see BMO pull back on reinsurance
30 August 2019The Bank of Montreal (BMO) will exit from the majority of its reinsurance business due to concerns about climate change and not fulfilling its risk-reward hopes.
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Slow progress for green infrastructure in Australia, says CBI
29 August 2019The shift from brown to green infrastructure has been slow in Australia, according to a report by the Climate Bonds Initiative (CBI).
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Bonds round-up: E.On, KfW, Kaneka, Guangzhou Metro ... and more
28 August 2019E.ON raises €1.5bn from its first green bond
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BlackRock criticises shareholder proposals
28 August 2019The world's largest asset manager, BlackRock, has criticised shareholder proposals on environmental and social issues, describing some of them as 'poorly constructed' after it backed only 10 in the US during the last annual general meeting (AGM) season.
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France & UK double their GCF contributions
28 August 2019This story supersedes an earlier story 'UK & Canada double their GCF contributions' and includes new information.
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TPG downsizes impact fund target
23 August 2019Private equity firm TPG has downsized its latest impact fund, Rise Fund II, from $3 billion to $2.5 billion.
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People moves: UBS, Palladium, ANZ, Mainstream
23 August 2019UBS creates sustainable finance committee, Tillery appointed CEO of Palladium’s new impact fund and more
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Two thirds of NNIP's assets integrate ESG
22 August 2019Dutch asset manager NN Investment Partners (NNIP) is currently integrating environmental, social and governance (ESG) factors into 66% of its strategies, accounting for €176 billion ($195.3 billion) in assets under management (AuM).
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GCF belatedly signs off on Southern Africa green bank
22 August 2019The Green Climate Fund (GCF) has signed an agreement with the Development Bank of Southern Africa to launch the long-awaited Climate Finance Facility (CFF) – a first-of-its-kind green bank in Africa.
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Bonds round-up: New York MTA, SNCF, Tideway, CalSTRS, Kenya, Colombia ... and more
21 August 2019New York MTA returns with 11th green bond, SNCF Reseau goes long with 100-year green bond and more