COP29 commitments offer opportunities for investors and businesses to benefit from financial returns and meaningful impact, says Izabella Brooks, Associate at Hunters. Innovative climate finance initiatives took centre stage at the most recent UN Climate Change Conference, COP29. Billed as ‘The Finance COP’, COP29 aims to deliver at least US$300 billion in climate finance annually. UN Climate Change Executive Secretary…
Increased Chance of Overshooting 1.8°C
Upheaval of US climate policies aligns country’s net zero trajectory with China’s. Although climate-focused policies largely maintained momentum in 2024, there is heightened concern that increasing policy uncertainty places the Paris Agreement’s ‘well below 2°C’ by 2050 commitment under pressure. The Inevitable Policy Response’s (IPR) 2025 Transition Forecast surveyed around 250 climate transition experts on the expected net zero trajectories…
Increased Chance of Overshooting 1.8°C
Upheaval of US climate policies aligns country’s net zero trajectory with China’s. Although climate-focused policies largely maintained momentum in 2024, there is heightened concern that increasing policy uncertainty places the Paris Agreement’s ‘well below 2°C’ by 2050 commitment under pressure. The Inevitable Policy Response’s (IPR) 2025 Transition Forecast surveyed around 250 climate transition experts on the expected net zero trajectories…
State Street loses £28bn mandate with The People’s Pension over ESG rollback
The People’s Pension (TPP) – one of the UK’s largest pension funds – has appointed Amundi and Invesco to oversee large parts of its investment portfolio, with State Street side-lined as the trust prioritises “sustainability, active stewardship and long-term value creation”. Amundi will manage £20bn in passive developed market equities, while Invesco will take responsibility for more than £8bn in…
State Street loses £28bn mandate with The People’s Pension over ESG rollback
The People’s Pension (TPP) – one of the UK’s largest pension funds – has appointed Amundi and Invesco to oversee large parts of its investment portfolio, with State Street side-lined as the trust prioritises “sustainability, active stewardship and long-term value creation”. Amundi will manage £20bn in passive developed market equities, while Invesco will take responsibility for more than £8bn in…
Q&A with Morningstar’s Edwards: DeepSeek and AI’s impact on climate indices
Last month, Morningstar published the latest insights into its sustainable index range, finding wide variation in performance 2024. On one hand, climate indexes thrived, driven by the magnificent seven, but at the same time impact-aligned indices – which focus on companies making a positive impact on the planet – struggled. However, while Nvidia and Tesla played a central role in the…
Q&A with Morningstar’s Edwards: DeepSeek and AI’s impact on climate indices
Last month, Morningstar published the latest insights into its sustainable index range, finding wide variation in performance 2024. On one hand, climate indexes thrived, driven by the magnificent seven, but at the same time impact-aligned indices – which focus on companies making a positive impact on the planet – struggled. However, while Nvidia and Tesla played a central role in the…
Goldman Sachs AM launches Biodiversity Bond fund
Goldman Sachs Asset Management has brought a new bond fund to market, which offers exposure to biodiversity conservation and remediation. The Goldman Sachs Biodiversity Bond fund, classified as Article 9 under SFDR, invests mainly in investment-grade corporate bonds across developed and emerging markets. The strategy will invest in labelled bonds, whereby the proceeds of the bonds are applied towards biodiversity-related…
Goldman Sachs AM launches Biodiversity Bond fund
Goldman Sachs Asset Management has brought a new bond fund to market, which offers exposure to biodiversity conservation and remediation. The Goldman Sachs Biodiversity Bond fund, classified as Article 9 under SFDR, invests mainly in investment-grade corporate bonds across developed and emerging markets. The strategy will invest in labelled bonds, whereby the proceeds of the bonds are applied towards biodiversity-related…
Goldman Sachs AM launches Biodiversity Bond fund
Goldman Sachs Asset Management has brought a new bond fund to market, which offers exposure to biodiversity conservation and remediation. The Goldman Sachs Biodiversity Bond fund, classified as Article 9 under SFDR, invests mainly in investment-grade corporate bonds across developed and emerging markets. The strategy will invest in labelled bonds, whereby the proceeds of the bonds are applied towards biodiversity-related…