News

NZDPU expansion 'a major step to closing the data gap', says Carney

A free-to-use database of climate data will be expanded to cover 10,000 companies, based on their disclosures via CDP

Brazil won't have its own IRA, says BNDES

Brazil is unable to launch its own Inflation Reduction Act (IRA) or 'Green Deal', BNDES has told an Environmental Finance conference, predicting that it will instead look to issue more sustainable sovereign debt.

Water is the 'next big thing' for PE impact investing, says Eurazeo

Investing in water presents 'big opportunities' for private equity impact investors, Eurazeo has claimed.

Sustainable Debt round-up: African Development Bank, Eurobank, Deutsche Glasfaser Group ... and more

LEAF to invest $180m in 'landmark' deforestation deal

The LEAF coalition has agreed to a 'landmark' $180 million carbon credit deal with Brazilian state Pará, aimed specifically at halting deforestation in the Amazon.

More patience needed for nature investments, says WEF

An "innovation ecosystem" is needed to scale up investment into natural capital, the World Economic Forum (WEF) has said, calling for new investment models and more "patience".

Vanguard fined record AUD12.9m over greenwashing

The Australian federal court has fined Vanguard Investments Australia a record AUD12.9 million ($8.9 million) for making "misleading" ESG claims about exclusionary screens applied to investments in its Vanguard Ethically Conscious Global Aggregate Bond Index Fund.

Global South organisations urge SBTi to allow carbon credits

Over 100 organisations from across the Global South have urged the Science-based Targets Initiative (SBTi) to allow the use of carbon credits, alleging that their communities are being "ignored by the decision makers".

IIGCC highlights opportunities in unlabelled debt

Unlabelled debt could play a greater role in decarbonising high-emitting and hard-to-abate sectors than labelled debt and green bonds, a discussion paper by the Institutional Investors Group on Climate Change (IIGCC) suggested.

UK and FMO commit $55m to BTG Pactual reforestation strategy