Financial institutions urged to identify 'biodiversity mismatch' investments

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NGFS says updated scenarios signal two-to-four-times higher physical impacts

05 November 2024

The Network for Greening the Financial System (NGFS) group of central banks and supervisors has called for more ambitious policies to tackle the 'first order' risk of climate change, as its updated scenarios showed two-to-four-times bigger physical impacts than its previous iterations.
Transition plan guidance published for EU disclosure rules

05 November 2024

Draft guidance has been published to help organisations preparing to report in line with EU disclosure regulations create climate mitigation transition plans.
EU green bond market expected to 'pick up' after recent share 'dip'

05 November 2024

The European Environment Agency (EEA) expects the share of corporate and government green bonds in the EU bond market to "pick up" in the future after 2023 saw the first decline in market share contraction since 2018.
Abrdn and Palladium Group launch nature investment partnership

05 November 2024

Asset manager abrdn and impact advisory firm Palladium Group have launched a programme to invest in nature regeneration sites across Scotland.
Geopolitics now a 'very complex issue' for sustainability, says Ma Jun

05 November 2024

Geopolitics is making the sustainable transition increasingly difficult, with room for multilateral cooperation diminishing, Chinese environmentalist Ma Jun has said.