News

Investors to turn to impact in 2024 as sustainability risks bite, Snowball predicts

Investors will increasingly price-in sustainability risks in 2024 and more will consider impact investing as a way to mitigate these, Snowball Investment Management has predicted.

First credits transferred under Article 6.2 mechanism

The first credits agreed as part of the Paris Agreement's Article 6.2 mechanism have been transferred from Thailand to Switzerland, but questions around the project's additionality have been raised.

Canadian regulators urged to investigate GHG emissions disclosures of big banks

Canadian financial markets regulators have been urged to investigate whether five of the country's largest banks are disclosing adequate climate-related information.

Switzerland collaborating with OECD on FI nature risk assessment

Biodiversity credit market slammed as 'illusionary capital'

The biodiversity credit market has been slammed as "illusionary capital" and a distraction from legitimate work to scale up public and private finance towards nature protection.

Dedicated transition funds 'needed to drive change'

Dedicated "transition" strategies can help "preserve clarity" in the sustainable investment sector and drive real change in the economy, said Altius Asset Management (Altius AM),...

SMF raises IDR700bn from 'milestone' Indonesian social bond, sukuk

State-owned housing finance firm Sarana Multigriya Finansial (SMF) has raised IDR700 billion ($45 million) from a dual-tranche social bond and social sukuk as it launches an IDR9.5 trillion issuance programme.

Funds with about £110bn in AUM to opt for UK FCA labels, Morningstar estimates

About 300 investment funds, which collectively manage about £110 billion ($140 billion), are set to adopt new UK sustainability fund labels this year, according to estimates by Morningstar.

Impax acquires fixed income manager as bonds become 'strategic priority'

Sustainability specialist Impax Asset Management is to acquire fixed income manager Absalon Corporate Credit from Copenhagen-based Formuepleje Group.

EF Sustainable Debt Awards 2024 nominations open

Nominations have opened for the 2024 Environmental Finance Sustainable Debt Awards, formerly known as the Environmental Finance Bond Awards.