The European Green Bond Standard (EUGBS) promises to boost investor confidence and support the long-term growth of the green bond market despite some limitations, according to findings from the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report – Will Europe’s New Standard Help Or Hinder Green Bond Market Growth? – noted voluntary regulation represents…

Ireland-based banking group AIB announced the appointment of Paul Travers to the newly created role of Managing Director Climate Capital, with responsibility for driving the bank’s expanded green lending activities focused on renewable energy companies and critical infrastructure projects across Ireland, the UK, Europe and North America. The new appointment follows the launch by AIB of a new three-year strategy,…

BNP Paribas Asset Management (BNPP AM) announced today the launch of its new ESG active fixed income ETF range, with the rollout of its first two funds, including the BNP Paribas Easy Sustainable EUR Corporate Bond and BNP Paribas Easy Sustainable EUR Government Bond ETFs. According to BNPP AM, the new range aims to provide ETF products that apply an…

By: Claudine Emeott, Partner, Salesforce Ventures Impact Fund, and Naomi Morenzoni, Senior Vice President of Philanthropy at Salesforce The planet just endured its hottest year on record. And with global temperatures projected to rise even further, communities worldwide risk conditions that exceed survivability limits. While the need for action is clear, we need an estimated $4 trillion in annual funding…

Malaysia’s Securities Commission announced the launch by its Advisory Committee on Sustainability Reporting (ACSR) of a consultation on the proposed use of the IFRS Foundation’s International Sustainability Standards Board (ISSB) as the basis for mandatory reporting requirements for listed and large companies. The consultation follows the launch by the Malaysia Securities Commission of the ACSR last year, aimed at facilitating…

Schroders has launched an Article 9 global equity impact fund, aimed at companies working to solve societal and environmental challenges. The Luxembourg-domiciled fund, Schroder International Selection fund Global Equity Impact, will use the work of impact investment partner BlueOrchard. Working across the small- and mid-cap teams at Schroders, the fund will be jointly managed by fund managers Joanna Wald and…

Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on a new regulation establishing a certification framework for the quantification, monitoring and verification of carbon removals. The agreement marks a significant step towards the launch of a comprehensive carbon removal and soil emission reduction framework in EU legislation, aimed at increasing the use…

Amundi and wealth manager EBI Portfolios have partnered to launch an SRI portfolio range. The five global portfolios will target ‘best-in-class’ passive ESG-rated equities and bonds. Each model’s equity allocation will vary from 100% to 20% and will invest across a range of regional equity funds and/or two fixed income funds. The equity element will invest in the Amundi SRI…

This year, we’ve been told, will be the great year of democracy. With populous nations such as India, Indonesia and Mexico among those holding elections, close to half the world’s adult population will have the opportunity to vote. It will no doubt be a great civic spectacle with significant political consequences. It will also be a huge challenge for the…

Gresham House has launched a sector specialist biodiversity strategy to accelerate the deployment of nature-based solutions designed to halt biodiversity decline in the UK. Willis Towers Watson (WTW) is the cornerstone investor in the Gresham House Biodiversity Co-Invest LP (GHBC) strategy, which is aiming to raise $380m to invest in ‘habitat banks’. Developed by Environment Bank Limited (EBL) – a…