EAAIF backs one of Africa’s largest solar and storage projects
The Emerging Africa & Asia Infrastructure Fund (EAAIF) has announced a $30 million senior secured corporate loan to Hassan Allam…
Finance
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Wealthy countries overstating the true value of climate finance, says Oxfam
Wealthy nations overstated the value of climate finance they provided to low- and middle-income countries by as much as $100…
Climate change could reduce Italy’s GDP by 6% by 2050
Climate change could reduce the GDP of Italy by as much as six percentage points by the middle of the…
European Banking Authority introduces guidelines for ESG banking products
The European Banking Authority (EBA) has published revised guidelines on product oversight and governance for retail banking products, introducing clearer…
Regulated, but not resolved: why the ESG ratings regulation will not spare asset managers their homework
Op-ed by Geoffroy Marcassoli, sustainability assurance leader at PwC Luxembourg. For years, valid criticism was directed at ESG ratings providers…
World Bank Group shifts focus from finance targets to development outcomes
The World Bank Group has announced an ‘extension’ of its Climate Change Action Plan (CCAP), which will see it shift…
Fewer than one fifth of executives are quantifying the financial impact from sustainability, says KPMG
Just 19% of global executives are quantifying how sustainability will impact their future financial performance, despite 72% saying that they…
UN Global Compact launches guide to assist companies with blended finance
The UN Global Compact has launched a new guide, Business-Led Blended Finance: A Practical Playbook, to enable companies take a…
Nasdaq commits to ‘Future Forward’ approach in latest sustainability report
Nasdaq has outlined its progress in workforce engagement, ethical governance, and environmental stewardship in its 2025 Sustainability Report, reinforcing its…
EIB, Green Climate Fund launch partnership to support climate projects
The European Investment Bank (EIB) and the United Nations Green Climate Fund (GCF) have signed a climate finance agreement, which…