News

Central banks have a 'duty' to manage nature risks, says ECB

Central banks have a "duty" to manage nature-related risks, the European Central Bank has said, warning that litigation poses an increasing threat.

People Moves, 6 September: Petheram's new role plus the PRI, CAD Trust ... and more

Canadian transition guidelines could boost market, says BMO

Canadian guidelines on transition finance, which are expected to be released next month, could help make the country a leader in transition bonds, a leading underwriter believes.

NIB raises €750m from record green bond

The Nordic Investment Bank (NIB) has raised €750 million ($830 million) from its largest ever green bond in the first deal since it updated its framework.

GRI and IFVI to collaborate on sustainability data

'Water will be one of the biggest investment themes over the next decade'

Swedish lender SEB said that water is going to be a megatrend which should be the "biggest investment theme over the next decade," but we need to work out how to tailor sustainable finance instruments.

Cuts to UK Stewardship Code must not translate into reduced scrutiny, FRC told

The removal of some reporting requirements under the UK Stewardship Code to reduce the reporting burden on signatories must not lead to weakened regulatory scrutiny of reporting, the Financial Reporting Council (FRC) has been told.

Blue debt constrained by lack of opportunities, warns Sustainable Fitch

Despite seeing an increase in the level of issuance, the 'blue debt' market is being hampered by a lack of guidelines and investable projects, Sustainable Fitch has warned.

MSCI developing transition plan assessment product

Data giant MSCI is developing a dedicated product to help investors assess the credibility of climate transition plans, Environmental Finance has learned.

Managing biodiversity should be a 'commercial, not a sustainability decision', says UBP

Managing biodiversity risks and opportunities are a "commercial decision, not a sustainability one", Swiss bank UBP has said in an article with the Peace Parks Foundation, as it calls for further measurement of biodiversity gain.