News

• Only 2 of 17 SDGs have progressed towards end goal since 2021, M&G claims

  13 December 2023

  Only two of the UN's Sustainable Development Goals (SDGs) have progressed towards their 2030 goal since 2021, a report from M&G Investments has claimed.

• Policy engagement more important if COP28 disappoints, investor says

  12 December 2023

  Institutional investors are likely to sharpen their focus on pushing policymakers for a more supportive framework for net zero-aligned private investment in the event of an "underwhelming" UN climate conference, a director at Rathbones has said.

• AI-driven solutions fuelling transition is hot investment theme for 2024, Impax predicts

  12 December 2023

  The adoption of artificial intelligence (AI) will continue to soar next year and will create solutions that accelerate the transition to a sustainable economy, Impax Asset Management has predicted.

• IIX raises $100m from 'largest' gender bond

  12 December 2023

  Sustainable investment firm Impact Investment Exchange (IIX) has raised $100 million from its largest gender-focused sustainability bond, which is also believed to be one of the largest 'orange' bonds to date.

• EIOPA proposes four principles to prevent greenwashing in insurance

  12 December 2023

  The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.

• COP28: Controversial REDD+ study called into question

  12 December 2023

  A controversial study which found 94% of REDD+ credits were 'worthless' has been called into question by new research, with scientists urging the original study to be retracted or "majorly revised".

• COP28: Debt-for-nature swaps encouraged by France, Colombia and Kenya

  12 December 2023

  The French, Colombian and Kenyan governments have encouraged the use of 'debt-for-nature swaps' as a key mechanism for scaling up nature finance, amidst the launch of a review into national debt hindering sustainable investment.

• Hong Kong green taxonomy due 'very soon'

  12 December 2023

  The first version of the Hong Kong green taxonomy is due to be published "very soon" with the expectation it will be expanded into transition activities, according to a senior official at the financial regulator.

• COP28: Global Stocktake nothing more than 'disjointed wish list', NGO says

  12 December 2023

  The latest Global Stocktake drafted text is a "disjointed wish list" with weak language on reducing use of fossil fuels, an NGO has claimed.

• UK delays 'green' taxonomy consultation until next year

  11 December 2023

  The UK Treasury has again delayed publication of its draft 'green' taxonomy, which it now expects to publish for consultation next year, Environmental Finance can reveal.