As the world heads towards negotiations on the post-2020 Global Biodiversity Framework, nature is still under-financed, the second edition of the State of Finance for Nature reveals. finance nature-based solutions If we are to limit global warming to below 1.5°C, halt biodiversity loss, achieve land degradation neutrality, and meet the Sustainable DevelopmentContinue…
Climate tech funding in 2022 represented more than a quarter of every venture dollar invested in 2022, in the upper half of the 20-30% range observed since the start of 2018, according to PwC’s State of Climate Tech 2022 report, with increased focus on technologies that have the most potential to cutContinue…
New research from the International Forum of Sovereign Wealth Funds reveals how sovereign wealth funds are thinking about the social dimension – the S pillar – of environmental, social and governance (ESG). Over the past three years, more sovereign wealth funds have been working to integrate environmental, social and governanceContinue…
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is seeking input on draft guidelines on the use in funds’ names of ESG or sustainability-related terms. Funds’ names are a powerful marketing tool. In order not to mislead investors, ESMA believes that ESG- and sustainability-related terms in funds’ namesContinue…
The International Capital Market Association (ICMA) has published a new Climate Resilient Debt Clauses (CRDCs) which can defer a country’s debt repayments in the event of a pre-defined, severe climate shock or natural disaster. A standardised term sheet for this has been produced by the UK-convened Private Sector Working Group (PSWG): sub-group onContinue…
Amundi SA is removing the European Union’s highest ESG designation from virtually all funds that once carried it, as it joins a growing list of investment firms that have been wrong-footed by a change in regulatory guidelines in the bloc. Amundi is downgrading ‘almost all’ funds with EU’s top ESGContinue…
EY Global Alternative Fund Survey finds substantial investor confidence and increasing maturation in alternative asset management industry. EY published its latest 2022 Global Alternative Fund Survey*, which offers a comprehensive overview of the perspectives from alternative fund managers and the institutional investors who allocate to them. In its latest edition,Continue…
At the COP27 climate conference, the European Investment Fund (EIF), Europe’s largest venture capital and private equity financier, signed investments totalling €247 million to enable five equity funds to back €2.5 billion of climate action investment that helps to deliver the European Union’s climate and energy targets. The new financing contributes toContinue…
The number of climate-themed funds reaches new highs as investors seek more options to manage climate risks and leverage opportunities, according to the latest Morningstar research – Investing in times of climate change. As COP27 begins its second week in Sharm el-Sheikh, Egypt, Morningstar takes stock of the ever-expanding optionsContinue…
With the CSRD, all large companies in the EU will need to disclose data on the impact of their activities on people and the planet and any sustainability risks they are exposed to. The Commission presented its proposal on a Corporate Sustainability Reporting Directive in April 2021. Back in 2018, Parliament called for aContinue…
