News

Verra updates standard to 'strengthen integrity'

Carbon project certifier Verra has updated its carbon standard, including 'enhancing social and environmental safeguards', in a bid to provide greater transparency and strengthen integrity.

Bond round-up: Swedbank, Nordic social spotlight, Singapore, BNG ... and more

Many climate scenarios of limited use, as they don't model most likely case - Abrdn

Widely used models for projecting future impacts of the energy transition are of limited use for investors as they fail to project the most likely level of warming, an investor has argued.

World Bank: 'Save' SLBs with stricter standards and scrutiny

The World Bank said there are encouraging signs that the quality of sustainability-linked bonds (SLBs) is improving, but standard-setters, external reviewers and regulators also need to up their game to support the "revival".

HKMA sets 'transition principles' for banks

The Hong Kong Monetary Authority has called on banks to follow a set of high-level principles for transition planning.

RBC's climate framework 'highly tentative', says IEEFA

Australian insurers to be put to climate test

'Landmark' Global Biodiversity Framework fund launched - but with $40m shortfall

A 'landmark' Global Biodiversity Framework fund was finally given the go ahead, but after just two governments made funding commitments, a further $40 million needs to be found by the end of the year.

Orchard Street pens first deal for maiden impact fund

Orchard Street Investment Management's debut Impact Fund has made its first acquisition.

Climate may force rate of inflation re-think, Australian central bank governor warns

Increasing uncertainty around the macroeconomic impact of climate change is likely to fuel a debate on how Australia's central bank manages inflation, its incoming governor has warned.