News

Profusion of transition plan assessments risks muddying waters, WBA says

The proliferation of several competing methods for judging the credibility of companies' transition plans risks confusing investors, the World Benchmarking Alliance (WBA) warned as it unveiled its own guidance on the topic.

South Pole carrying out 'thorough review' of project partners

South Pole is carrying out a "thorough review" of its project partners in a bid to improve the integrity of its standards and to further 'financialise' its work.

Emirates NBD launches SLLB framework ahead of potential issuance

Emirates NBD has published its first Sustainability-Linked Loan Financing Bond Framework for the financing of sustainability-linked loan bonds (SLLBs), ahead of a potential issuance.

EU would harm itself if it mimicked US and Chinese green subsidies, Draghi says

The EU should not try to mimic the US Inflation Reduction Act in introducing wide-ranging climate subsidies to protect its domestic industries, as doing so would harm the trade-dependent bloc, according to the influential economist Mario Draghi.

Clear business case needed for biodiversity credit growth, says Pollination

While the biodiversity credit market is developing its infrastructure, it still needs to provide a "clear business case for investment", Pollination has argued in a study of the market.

'Worrying sign' countries far off COP16 biodiversity plan deadline, warns WWF

Weeks away from an impending deadline to deliver updated national biodiversity strategies and action plans (NBSAPs) at COP16, WWF has found only 22 countries have done so.

Blue bond label important despite 'colour fatigue', says IFC

Despite potential 'colour fatigue' its important to differentiate blue products, the International Finance Corporation (IFC) and T. Rowe Price have said, calling for more investors to move into the market.

Need to 'find new money' at COP16, say organisers

COP16 will need to find "new money" from the private sector, organisers of the biodiversity conference have told media, as it looks to create a financial mobilisation mechanism.

NZAOA calls for systemic policy interventions to keep 1.5°C alive

The UN-convened Net-Zero Asset Owners Alliance (NZAOA) has urged governments to commit to, and implement, "systemic" policy reforms that limit global warming to 1.5°C above pre-industrial levels.

People Moves, 27 September: PRI, JP Morgan, GSG Impact, Crédit Agricole, ISS ESG ... and more