News

Future Planet Capital launches €20m oceans fund

UK impact-led venture capital firm Future Planet Capital has closed its ocean-focused "mandate" at €20 million ($22 million).

NGFS: Central banks should respond to nature risks

Central banks and supervisors should consider nature-related financial risks to fulfil their mandates, as failure to account for these risks could threaten financial stability, NGFS has said.

GRI and IFRS to collaborate on global sustainability standards

The Global Reporting Initiative (GRI) and the IFRS Foundation have agreed to work together to develop a global baseline for investor-focused sustainability reporting standards.

$50m agritech fund launched by Bidra Innovation Ventures

A $50 million fund for sustainable agriculture technology (agritech) has been launched by the world's largest phosphate fertiliser provider, the OCP Group.

Bond round-up: L'Oreal, Segro, Philippines, Telia, Lanxess ... and more

Barclays climate strategy contains 'troubling loopholes'

The long-awaited climate strategy announced by UK lender Barclays has been described as "lacking ambition" and including "troubling loopholes" by climate investment campaigners.

Impact initiative targeting $1.1bn investment calls for proposals

A grant-giving programme aiming to drive CHF1 billion ($1.07 billion) in private capital to fund impact projects in developing countries has been launched by a Swiss blended finance collaboration.

TNFD: Materiality distinctions 'aren't necessarily helpful'

The different sustainability materiality terms could converge as their separation may not be helpful, a top executive at the Taskforce on Nature-related Financial Disclosures (TNFD) has said.

45% of NIB environmental bond activities EU Taxonomy-aligned

45% of the activities funded by Nordic Investment Bank (NIB)'s environmental bonds (NEBs) fully align with the EU's taxonomy of sustainable activities, analysis has suggested.

Apex supports S&P call for ESG scores to consider impact