UAE-backed climate investment platform ALTÉRRA and Brookfield Asset Management (BAM) announced a co-investment of $100 million into Indian clean energy company Evren, aimed at accelerating the development of the company’s 11 GW renewable energy pipeline. The new investment comes as India continues to scale up its investments in clean energy, with the country aiming to reach 500 GW of installed…

The IFRS Foundation announced the launch of a new strategic partnership with the Inter-American Development Bank (IDB) and IDB Group’s private sector arm IDB Invest, aimed at promoting the adoption and implementation of the IFRS Sustainability Disclosure Standards across Latin America and the Caribbean. The IFRS Foundation launched its International Sustainability Standards Board (ISSB) in November 2021 at the COP26…

Global sustainable investment funds experienced record outflows in the first quarter of 2025, with withdrawals of approximately $8.6 billion, reversing a relatively strong quarter of over $18 billion of net inflows in Q4 2024, according to a new report released by ESG ratings, data, and research provider Morningstar Sustainalytics. For the quarterly report, Morningstar Sustainalytics analyzed activity in the global…

Many people who invested in renewable energy investment trusts over the past few years might well run for the hills if anybody suggested putting more money into the sector. The average investment trust in the Association of Investment Companies’ Renewable Energy Infrastructure sector has delivered a 5% loss over the past five years, compared to a 67% gain for the…

Climate-named funds have expanded rapidly in both publicly listed and private capital markets, reflecting growing investor interest in the energy transition and decarbonisation opportunities across asset classes, according to the latest MSCI Transition Finance Tracker. Assets under management in publicly traded climate funds has grown nearly 20-fold over the past seven years, up to $560bn, while private capital climate funds launched between…

Sustainable funds suffered their worst outflow on record in the first quarter as investors globally withdrew a record-breaking $8.6bn throughout the period, according to Morningstar Sustainalytics. It unravelled the optimism injected in the previous quarter when inflows of $18.1bn signalled glimmers of hope for the sector. Much of this year’s outflows came from US investors, who withdrew $6.1bn – it’s…

Sustainable-themed global equity funds outperformed the MSCI All Countries World index during the chaos wrought after Donald Trump announced his ‘Liberation Day’ tariffs, according to data provided by FE fundinfo. On 2 April, President Trump imposed a minimum 10% tariff on all exporters to the United States and additional reciprocal duties on roughly 60 nations with the largest trade imbalances…

The U.S. Green Building Council (USGBC) announced today the launch of LEED v5, updating its flagship LEED (Leadership in Energy and Environmental Design) green building system for rating with a sustainability-focused building standard. According to the USGBC, the new LEED system was developed with input from thousands of green building professionals, with the organization holding two public comment periods in…

Climate solutions provider Patch announced the launch of a new platform offering companies with software, data and expertise to streamline purchasing and management of carbon credits. According to Patch, the new platform is aimed at addressing a series of key challenges that are keeping the voluntary carbon market (VCM) from reaching its potential, including market fragmentation, with buyers required to…

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced today a series of proposed changes to its climate-related disclosure standard, aimed at easing some requirements for companies related to reporting on greenhouse gas (GHG) emissions. While the changes would affect a wide range of companies reporting on climate-related issues under the standard, the amendments would most significantly impact requirements for…