News

Barclays: Jury still out on El Salvador's $1bn debt-for-nature swap

"Additional scrutiny" of the quality of El Salvador's $1 billion debt-for-nature swap is "warranted", Barclays has said.

Impact assets top $1.5trn, says GIIN

Lack of update on UK taxonomy raises concerns it has been shelved

The repeated failure by successive governments to reveal details of its proposed UK 'green' taxonomy has contributed to fears that the incumbent Labour Party has de-prioritised it and is instead focusing on devising transition plan disclosure requirements.

Nature mapping 'atlas' launched at COP16

An 'atlas' of the world's ecosystems has been launched at COP16, in a bid to help the private sector better map and monitor potential risks.

Climate adaptation 'equally important' to climate mitigation, says Lightrock

Impact investors must treat climate adaptation as an "equally important subject" as climate mitigation, Lightrock has warned.

Gold Standard expanding nature coverage

Gold Standard will soon begin piloting labelling requirements for nature-based solutions and is developing a raft of guidance on nature projects.

WisdomTree to pay $4m SEC fine for 'failing to adhere to' its own ESG criteria

WisdomTree has agreed to pay a $4 million fine after the Securities and Exchange Commission (SEC) found it had "misstated" that funds did not invest in companies involved in fossil fuels and tobacco.

NGFS warns of inflationary impact of climate policy missteps

Central bankers have been warned that increased action by policymakers to limit climate change risks feeding inflation, if it is not "credible" and clearly signposted, according to the Network for Greening the Financial System (NGFS).

WEF urges against 'oversimplified and misleading' biodiversity credit claims

The World Economic Forum (WEF) has urged businesses not to make oversimplified and misleading claims about their use of biodiversity credits within nature action plans.

COP16 kicks off with calls for 'significant investment'

COP16 has kicked off in Colombia, with urgent demands for private capital to be committed to nature protection and restoration by the end of the conference.