Standard Chartered to support forest conservation in Brazilian state of Acre
Standard Chartered has announced a five-year agreement with the government of the state of Acre in Brazil, to sell high-integrity…
Finance
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Financial institutions ‘leveraging their influence’ to drive environmental efforts
Some 223 global financial institutions, representing nearly $23 trillion in assets, have called on over 1,300 firms to disclose environmental…
Barclays the latest to withdraw from Net Zero Banking Alliance
Barclays has become the latest bank to withdraw from the Net Zero Banking Alliance (NZBA), citing the previous departure of…
Most finance ministries concerned about climate change
Most finance ministries around the world are concerned about the impact of climate change, a new study by the Coalition…
Businesses with high carbon emissions face greater financial instability: study
Businesses in high-emission industries such as manufacturing, transport and energy face greater corporate financial instability, a new study by Loughborough…
NGFS explores short-term climate scenarios for financial policymakers
The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has unveiled its first set of short-term…
TPI Centre expands assessment framework for tracking banks’ climate progress
The Transition Pathway Initiative Centre, hosted by the London School of Economics’ Grantham Research Institute, has announced it is expanding…
Thai Union secures ‘Blue Loan’ to support sustainable production
Seafood conglomerate Thai Union Group has secured a $150 million ‘Blue Loan’ from the Asian Development Bank (ADB), to support…
New NZBA standards represent a ‘loosening of climate ambitions’
The Net Zero Banking Alliance‘s (NZBA) recent decision to revise its guidelines from a strict 1.5°C target to a more…
Atlas Renewable Energy secures financing for Chile project
Atlas Renewable Energy has secured what it says is the largest financing deal in its history, to support the development…