Peter Alpert, Partner at Ropes & Gray, considers the barriers facing New York State’s efforts to make polluters pay.   The enactment late last year in New York State of a climate ‘superfund’ law (S.2129-B/A.3351-B) has attracted a lot of attention in mainstream media and the legal trade press. It has also served as a reminder that other states, led first…

Kamesh Korangi, Head of Portfolio Strategy, and Jo Richardson, Head of Research at the Anthropocene Fixed Income Institute, analyse the impact of climate risks on sovereign bond yields. Sovereign bonds are the unsung drivers of climate transition. Governments are increasingly relying on these instruments to raise funds for renewable energy projects and low-carbon technologies in addition to their deficit spending…

Kamesh Korangi, Head of Portfolio Strategy, and Jo Richardson, Head of Research at the Anthropocene Fixed Income Institute, analyse the impact of climate risks on sovereign bond yields. Sovereign bonds are the unsung drivers of climate transition. Governments are increasingly relying on these instruments to raise funds for renewable energy projects and low-carbon technologies in addition to their deficit spending…

Shifting policies and priorities are reshaping the global investment ecosystem and adding complexity to fundraising across jurisdictions, says Ruth Knox, Partner at Paul Hastings.  As ESG regulations continue to tighten across the UK and EU in response to the ‘Trump Bump’, both asset managers and owners are facing an unprecedented compliance landscape. From initial noises signalling a crackdown on greenwashing…

PROTECT USA Act’s short-term impact will likely be limited but could set lay groundwork for future regulatory or executive actions. A bill seeking to challenge the application of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) to US firms reflects negative sentiment among American executives as well as politicians, adding to domestic pressures on the landmark law.  Earlier this month,…

Interest in private markets swells as divergence between asset owners and managers continues.  An assessment of investors’ approaches to responsible investment (RI) has revealed that asset owners and managers are increasingly focused on driving sustainability outcomes via their investment decision-making.   The UN-convened Principles for Responsible Investment (PRI) has published the findings of the third edition of its annual survey of…