News

Article 6 body to look at carbon credit financier rights

The supervisory body overseeing the development of a UN-led global carbon market is to look at the rights of carbon project financiers, following concerns from market participants.

Barclays shareholders call for stronger fracking stance

A group of Barclays shareholders has published a letter demanding the bank close loopholes in its energy policy that allow it to finance fracking activities.

Gresham House to expand natural capital range

Gresham House said it will expand its range of natural capital solutions, labelling it "the next frontier in sustainable investment", as it published its sustainable investment report.

Bond round-up: Germany, Volvo, Banobras... and more

'Significant' sustainable sukuk growth potential as 2024 starts strongly

Sustainable sukuk issuance in the first three months of 2024 reached record levels after a ground-breaking 2023 for issuance, and market experts argue greater market confidence is set to support the further growth potential for the sustainable Islamic bond market.

ISO transition plan standard working group targets COP30 launch

A group developing a proposed international standard for net zero transition planning by financial institutions aims to deliver it within 18 months, at the COP30 UN climate conference in Brazil next year.

Foresight publishes biodiversity blueprint

Foresight Group has published a blueprint to advise UK-focused investors on nature considerations for renewable investments.

'Stand up and be counted': ISSB vice-chair urges investor pushback against divergence

Investors have been urged to "stand up and be counted" by pressuring regulators to align with International Sustainability Standards Board (ISSB) standards, in a call by the group's vice-chair, Sue Lloyd.

Hong Kong publishes 'reframed' sustainable finance taxonomy

The Hong Kong Monetary Authority (HKMA) has published its Hong Kong Taxonomy for Sustainable Finance, a sustainable classification framework for the local market.

Budget a key barrier to implementation of TNFD, says Iceberg Data Lab

Financial institutions are 'delusional' if they are not reallocating budget towards nature reporting and data, Iceberg Data Lab has warned, adding that those waiting for open-source data may be disappointed.