Like many, my views on the relative importance of defence were shaken by Russia’s full-scale invasion of Ukraine in 2022. Hosting a lovely Ukrainian family taught me we should have been paying attention sooner. On or before 2014 might have been good. You won’t need me to share a list of horrors and growing geopolitical risks to illustrate further, so what…
Amundi appointed to run the Global Green Bond Initiative fund
Amundi has been appointed to run the GGBI fund, the latest launch from the Brussels-based Global Green Bond Initiative. Launched on Monday (27 April), the ‘public-private’ investment vehicle – which combines capital from both private investors and government entities – will aim to mobilise private capital, targeting a fund size of €3bn. See also: Bluefield launches floating solar business The…
Nordea AM receives €1bn ESG-focused covered bond mandate
Nordea Asset Management has been awarded a near €1bn (£870m) ESG-focused European covered bond mandate by ABN AMRO Investment Solutions (AAIS). The mandate will be run by the firm’s fixed income rates team, which has over 20 years’ experience in the covered bonds space and is already managing over €40bn. AAIS maintains a core allocation to European covered bonds, reflecting…
Nordea AM lands ethical mandates with New Zealand firm
Nordea Asset Management has been awarded two ethical investment mandates by New Zealand-based Pathfinder Asset Management. The firm will act as sub-investment manager for Pathfinder’s Responsible Investment fund and Global Water fund. The appointments follow a selection process run by Pathfinder, with over 70 managers evaluated for ethical alignment, quantitative capability, and sustainability leadership. The portfolios will be managed by…
Bluefield launches floating solar business
Bluefield, owner of the £1.2bn Bluefield Solar Income investment trust, has launched a floating solar business within its development arm, in a bid to roll out utility-scale projects across England. The launch follows analysis conducted by independent consultancy CBI Economics, commissioned by Bluefield, which found floating solar could provide more than 40 gigawatts of clean power by 2050. Bluefield refers…
Gender diversity charity GAIN appoints new chair
Girls Are Investors (GAIN) has appointed Anita Tiessen as chair of its trustee board, with her role commencing from 1 May 2026. Tiessen, who has been CEO of Youth Business International since 2018, has also previously served as the CEO of the World Association of Girl Guides and Girl Scouts. Prior to this, she held senior roles at UNICEF UK…
Aviva Investors, Climate Impact Partners Launch Forest Project to Remove up to 6 Million Tonnes of Carbon
Voluntary carbon markets-focused finance company Climate Impact Partners and Aviva Investors, the global asset management business of Aviva plc, announced the launch of the Llanos Vivos project, a large-scale afforestation and restoration initiative in Colombia, designed to generate high-integrity carbon removal credits while restoring degraded land. The project, located in the Vichada region of Colombia’s eastern plains, will cover up…
BTG Pactual TIG Raises Over $1.2 Billion for Reforestation and Restoration Strategy
BTG Pactual Timberland Investment Group (BTG Pactual TIG) announced that it has raised $1.24 billion in commitments at the close of fundraising for its Latin American Reforestation Strategy, making it the largest-known reforestation and restoration fund closed to date, according to the firm. BTG Pactual Timberland Investment Group (TIG), a subsidiary of Latin American investment bank BTG Pactual, is one of…
FCA to Pilot Reporting Requirements for ESG Ratings Providers
The Financial Conduct Authority (FCA), the UK’s conduct regulator for financial services firms and financial markets, announced an invitation to ESG rating providers to pilot a new proposed reporting regime for ESG ratings. The new pilot project follows the release by the FCA in December of new proposed requirements for ESG ratings providers, launched after the finalization of new legislation…
Achmea Publishes Climate and Nature Transition Plan
Netherlands-based insurance and financial services company Achmea announced the launch of its Climate and Nature Transition Plan 2026, setting out the company’s plan to achieve its sustainability ambitions, including its goals to achieve net-zero greenhouse gas (GHG) emissions across its operations and value chain by 2050, and to protect and restore biodiversity through financing and investment activities, integrate biodiversity considerations…