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Capital markets union essential for EU's climate transition, says head of French central bank
17 May 2024Europe needs to unlock hundreds of billions of euros by finalising the Capital Markets Union (CMU) and harnessing Europeans' private savings for investing in the climate transition, according to a prominent central banker.
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Working group to develop ESG ratings, data products code of conduct for Hong Kong
17 May 2024 -
ESMA name rules important step in unlocking transition finance, says BNPP AM
17 May 2024Improved clarity from regulators on what constitutes a sustainable investment is a pre-requisite for unlocking widespread investment in 'transition' assets to reach net zero, according to the CEO of one of Europe's largest asset managers.
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UK public spending watchdog highlights risk of biodiversity net gain scheme
17 May 2024A report by the UK's National Audit Office has highlighted risks to the long-term effectiveness of the government's biodiversity 'net gain' scheme in England.
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G20 needs to step up on biodiversity and back TNFD, says GFANZ's Ravenel
17 May 2024The G20 needs to take a lead on addressing biodiversity loss, a representative of a major investor coalition has argued.
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NGFS publishes recommendations on sustainable investment for central banks
16 May 2024 -
Extent of Fed's future focus on climate 'hinges on' US election
16 May 2024The likelihood of a follow-up climate scenario analysis or even a first stress test exercise by the Federal Reserve could hinge largely on the outcome of the US federal election in November, a consultant has predicted.
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UK government announces delayed timeline for ISSB-endorsement
16 May 2024The UK government aims to have UK-endorsed ISSB standards available in Q1 2025, according to an HM Treasury update published today (16 May), having originally planned to have these standards ready by June 2024.
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New briefings launched to make CSRD more accessible
15 May 2024 -
UK regulator likely to require bank, insurer transition plan disclosure, Crowe predicts
15 May 2024UK banks and insurers are likely to be required to disclose climate transition plans and demonstrate how they are engaging with clients to achieve targets in these plans, under expected updates by the Prudential Regulation Authority (PRA), consultancy Crowe has predicted.
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Reverse anti-ESG policy to attract £100bn in green investments, UK government told
15 May 2024 -
Thedéen appointed Basel Committee chair
15 May 2024 -
SEC urged to finalise anti-greenwashing rule by Democrats
15 May 2024 -
Australian government wins investor group praise for climate funding
15 May 2024Investor groups have welcomed a AUD22.7 billion ($15.1 billion) funding package the Australian government has pledged to support the transition to net zero, development of sustainability fund labels and tackling 'greenwashing'.
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EU ESG funds told to prove their sustainable investment claims under new rules
14 May 2024EU funds with any ESG-related words in their name must ensure that at least 80% of their investments reflect this wording, and must exclude companies that derive a large part of their revenues from fossil fuels, under new rules confirmed today (14 May).
- BNP Paribas to halt participation in oil and gas conventional bond issuance
- Barclays sees improvements in SLB structuring
- Working group to develop ESG ratings, data products code of conduct for Hong Kong
- EU ESG funds told to prove their sustainable investment claims under new rules
- Market still seeking the language of nature investments, say Nuveen
- UK regulator likely to require bank, insurer transition plan disclosure, Crowe predicts
- Record orderbook as Italy raises €9bn from new green bond
- Japan to study 'financed emissions' in second climate scenario analysis of banks
- Corporates hope to stop reporting 'legacy' ESG data points
- 'Greenflation' likely in near-term, says Pictet-IIF research