News

Natural Capital Investment Americas - next week in New York City

Environmental Finance's inaugural Natural Capital Americas conference arrives in New York City next week.

US SEC adopts fund naming rules to tackle greenwashing

The US Securities and Exchange Commission (SEC) is to require funds claiming environmental, social and governance (ESG) characteristics to prove they invest in line with the claim, under changes to its Names Rule designed to "prevent misleading or deceptive investment fund names".

UK prime minister under fire from industry for weakening climate policies

UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.

Bond round-up: LG Energy, REWE, BIM ... and more

US investors likely to up investment in natural capital, says Pollination

Carbon pricing 'ripple effect' gaining momentum, UBS says

Carbon pricing policies such as the EU's emissions trading scheme (ETS) and carbon border adjustment mechanism (CBAM) are "creating a ripple effect that increases the adoption of similar policies elsewhere," UBS analysts argue.

New York prepares second $700m social bond

The City of New York is planning in October to raise $700 million from its second social bond, which will be used to build 4,500 affordable homes in the city.

'Food waste transition' key to reversing biodiversity loss, says Iceberg Data Lab

The 'food waste transition' is to biodiversity what the energy transition is to climate, according to Iceberg Data Lab, which called for the topic to be integrated into decision making by financial institutions

No need to scrap SFDR Articles 8 and 9, PwC says

The EU could make "tweaks" to its Sustainable Finance Disclosure Regulation (SFDR), rather than wholesale changes that could lead to the Article 8 and 9 categories being scrapped, according to an executive at PwC Luxembourg.

SocGen launches €1bn transition fund, stricter fossil-fuel targets

French bank Société Générale is targeting reducing its oil and gas exposure by four-fifths by 2030 as well as launch a €1 billion ($1.1 billion) transition fund.