News

Hub targeting €650bn raise for EU cities' transition

An EU-backed hub has been launched to raise €650 billion towards transitioning over 100 cities to net zero, with plans to attract private capital through green bonds or local funds.

Stafford and JPMAM to manage £300m of timber assets for pension funds

Stafford Capital Partners and J.P. Morgan Asset Management (JPMAM) are to manage a £300 million ($375 million) timberland-dedicated mandate for The ACCESS Pool.

Data providers called on by $8trn investors to step up deforestation coverage

Data providers have been urged to step up their coverage of deforestation risk exposure by a coalition of major global investors, including Aviva and Generation Investment Management.

A Labour government the best outcome for UK climate finance, says investor

A win for Keir Starmer's Labour Party in next week's UK General Election would be the best outcome for driving climate finance, a growth investor has claimed.

Loan round-up: CDL, RWE ... and more

TransitionArc launched to 'supercharge' transition plan analysis

CDP, Transition Pathway Initiative (TPI) and the Science Based Targets initiative (SBTi) have collaborated with Climate Arc to launch a "one-stop tool to assess corporate transitions" that a senior executive said would "supercharge" such analysis.

Global Canopy to assess companies on deforestation action

Global Canopy has announced plans to assess companies on their level of progress towards eliminating progress, in a bid to improve investor engagement.

Belgian regulator hopes SFDR review leads to labelling scheme

A senior figure at Belgium's financial regulator said she hopes the EU's fund disclosure rules are reimagined as a labelling scheme.

ECB to set decarbonisation targets for corporate bond portfolios

The European Central Bank (ECB) will target near-term greenhouse gas emissions reductions in its corporate bond portfolio for the first time and will consider 'remedial actions' if these diverge from a strict decarbonisation trajectory.

Bond round-up: JFK International, Pirelli, Iceland ... and more