European proposals on ESG fund distribution are sparking worries about mis-selling, market fragmentation and, as a result, potentially reduced flows into such products.
A $3.8bn loan raised by the Saudi government-owned Red Sea Development Company for a tourism development is long on ambition but short on green detail.
A lack of technical guidance on Europe’s SFDR legislation has left asset managers to fill in the gaps, leading to confusion and serious risks of both greenwashing and market fragmentation.
Momentum is gathering behind President Joe Biden’s environmental push, which includes a proposal for corporate climate disclosure. It will add a burden for companies, but the environmental risk of inaction could be a lot higher.
The European Commission wants to compel around 50,000 companies to report across a range of ESG factors. Investors, banks and NGOs are broadly aligned, but reservations exist.
The company's top sustainable finance bankers acknowledge the sector is guilty of not “driving enough capital” to reach net-zero targets, but say huge structural issues are a barrier for change.
In his new book, the former central banker aims his observations on the climate crisis at the people with the power and money to make a difference. Can we expect them to listen?
The EU’s plan to divert billions of dollars towards sustainable initiatives will require a host of fundamental reforms. We outline the areas most likely to be addressed.
With the UK assessing the template set by the EU in 2019, investors and intermediaries are anxious about the implications of regional differences. The evidence suggests there's no reason to be.