People Moves, 10 January: SBTi, S&P, Impax, Natixis, HSBC, Morningstar Sustainalytics ... and more

$53trn low-carbon investment opportunity for clean energy transition, says S&P

Around $53 trillion of investment is needed by 2050 for clean energy supply, power transmission and distribution infrastructure to meet global net zero, analysis by S&P Global Commodity Insights has found.

Canadian carbon market slammed as 'economic wrecking ball'

Canada's federal carbon market has been slammed as an "economic wrecking ball" by a regional environment minister, but with an election looming doubts remain over the compliance market's future.

People Moves, 10 January: SBTi, S&P, Impax, Natixis, HSBC, Morningstar Sustainalytics ... and more

Rwanda regulator issues sustainable bond guidelines

The Rwanda Capital Market Authority (CMA) has published new guidelines to help create a "internationally credible, replicable, and attractive" sustainable bond market in the East African country.

BlackRock bows to legal threats and departs net zero initiative

BlackRock has left the Net Zero Asset Managers (NZAM) initiative, citing "legal inquiries from various public officials" in the US attacking its stated focus on climate finance.