News

• COP28: PRI leads taskforce on net zero policy and delivering COP27 alignment promises

  04 December 2023

  The Principles for Responsible Investment (PRI) has launched a Taskforce on Net Zero Policy at COP28, backed by the UN.

• COP28: 'Milestone' NZDPU climate open data tool gets initial launch

  04 December 2023

  The Net Zero Data Public Utility (NZDPU) has launched an initial "proof-of-concept" of its climate transition data tool which is set to provide the first global private sector centralised and open data source.

• MAS launches transition taxonomy and pilots 'transition credits'

  04 December 2023

  The Monetary Authority of Singapore (MAS) has launched a 'transition' taxonomy for eight priority sectors, and announced a 'transition credit' coalition for 'early phase out' of coal power plants.

• COP28: MAS launches sustainable blended finance programme

  04 December 2023

  The Monetary Authority of Singapore (MAS) has announced two blended finance partnerships, as part of a wider Singaporean platform looking to raise $5 billion in blended capital.

• KfW says it will keep buying green bonds as €2.5bn investment mandate completes

  04 December 2023

  German development bank has reiterated its commitment to investing in green bonds after its €2.5 billion ($2.7 billion) eight-year government-mandated market growth promotion programme was successfully completed.

• COP28: Voluntary carbon market braced for regulatory intervention following IOSCO report

  03 December 2023

  The International Organisation of Securities Commissions (IOSCO) has proposed a set of measures to help regulators bring more integrity to the voluntary carbon market (VCM).

  

• ABN Amro: EPC changes could impact Dutch banks' green bonds

  01 December 2023

  Green bond investors should be cautious about Dutch bank green bonds allocated heavily to Dutch real estate, ABN Amro said, ...

• UK urged by MPs to make TNFD mandatory within three years

  01 December 2023

  The UK has been urged by members of parliament to make the Taskforce for Nature-related Financial Disclosures mandatory within three years.

• COP28: US insurers propose plan to ensure insurance cover as catastrophes grow

  01 December 2023

  The US National Association of Insurance Commissioners (NAIC) has proposed a national climate resilience strategy to help ensure the availability of property insurance in the face of severe disasters.

• Financial markets may be undervaluing 'climate resilience' companies, BlackRock suggests

  01 December 2023

  Financial markets may be underappreciating the prospects for companies that enable climate resilience, BlackRock has said, as it warned the cost of disaster rebuilding in the US alone could equate to the $39 billion of energy investments under the Inflation Reduction Act.