Policy

Von der Leyen promises 'far-reaching simplification' of sustainable finance rules

The European Commission will present "far-reaching simplification of our sustainable finance and due diligence rules" next month alongside a plan to promote invest in clean technologies, its president Ursula von der Leyen said.

'Transition loan label needs stricter covenants to add value'

A potential transition loan label needs to be "more constraining for borrowers" around sustainable delivery and performance to really add value to the existing labelled loan market, according to a major private debt investment manager.

Wales 'too slow' in attracting private nature investment

Indonesia launches carbon trading for international investors

Tailor SFDR to fit 'unique' pension fund needs, Dutch association urges EU

US state settles anti-ESG lawsuit with BlackRock

'Practical' Rwanda sustainable bond approach amid taxonomy roll-out

The Rwanda Capital Market Authority (CMA) is taking an "impactful" but "practical" approach to developing its sustainable bond guidelines, as the East African country continues to develop its green finance taxonomy.

Fed leaves NGFS ahead of Trump inauguration

Mars, Unilever & Nestle warn EU against omnibus sustainability regulation

Business giants Mars, Unilever and Nestle have urged the European Commission against reopening several sustainability rules under a proposed 'omnibus' regulation, saying they risk undermining investment and competitiveness.

Nature scenarios need improvement, says NGFS

More investment is needed to improve scenario analysis for nature loss, the central banks and supervisors' Network for Greening the Financial System (NGFS) has said.

French regulator wades into CSRD debate with call for faster adoption of sector-specific ESRS

The French accounting standards authority has suggested the EU should speed up adoption of sector-specific reporting standards as part of a radical overhaul that could contribute to reducing requirements under the Corporate Sustainability Reporting Directive (CSRD).

Omnibus opportunity to broaden EU taxonomy use via 'simplification', LSEG suggests

Plans by the EU to reduce sustainability reporting requirements are an opportunity to simplify the bloc's taxonomy so it can be more widely used by large institutional investors such as pension funds, according to the London Stock Exchange Group (LSEG).

FSB developing climate early warning system as it warns of risks to financial stability

A draft framework for regulators that can "provide [an] early signal on potential drivers of transition and physical risks that can impact the financial system ... [and] quantify the scale of financial impacts" has been published by the Financial Stability Board (FSB).

Premier Miton adopts Sustainability Impact label for EM fund

US mortgage industry needs to price climate risk 'more realistically', says Delterra Capital

The US mortgage industry is not yet factoring in physical climate risk as "realistically" as is needed, but this could become more likely with the potential privatisation of lenders Fannie Mae and Freddie Mac, Delterra Capital has said.