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Investment

NatWest confirms it is to stop lending to oil and gas projects

Investment

NatWest confirms it is to stop lending to oil and gas projects

Banking giant sets out flurry of fresh green financing commitments as it gears up to release its first Climate Transition Plan next week, but campaigners argue it could pull forward new pledges

clock 09 February 2023 • 5 min read
MSCI launches tool to help sustainability executives compare ESG plans against peers

Investment

MSCI launches tool to help sustainability executives compare ESG plans against peers

Launch of MSCI Corporate Sustainability Insights comes in response to "dramatically" evolving ESG needs of corporates

clock 08 February 2023 • 2 min read
Are bumper oil and gas profits luring BP and Shell into a stranded asset trap?

Energy

Are bumper oil and gas profits luring BP and Shell into a stranded asset trap?

BP dilutes plans to reduce oil and gas output as it becomes the latest fossil fuel giant to post bumper profits following Russia's war in Ukraine – but could such short term thinking prove a risky bet?

clock 07 February 2023 • 8 min read
Aviva Investors presses portfolio firms to deliver 'robust and viable' climate transition plans

Investment

Aviva Investors presses portfolio firms to deliver 'robust and viable' climate transition plans

The investor has today confirmed that the low carbon transition and reversing nature loss are among its top stewardship priorities for 2023

clock 06 February 2023 • 3 min read
Global Briefing: India touts $4.3bn green energy investment push

Policy

Global Briefing: India touts $4.3bn green energy investment push

Indian government confirms clean energy spending plans, Washington DC introduces free bus fares, and the World Bank boosts African renewables investment

clock 03 February 2023 • 7 min read
Industrial decarbonisation hubs secure £6m funding boost

Investment

Industrial decarbonisation hubs secure £6m funding boost

Funding from The Industrial Decarbonisation Research and Innovation Centre (IDRIC) to support 20 research projects across the UK

clock 02 February 2023 • 2 min read
Aviva awards $38m of funding to help restore Britain's lost rainforests

Investment

Aviva awards $38m of funding to help restore Britain's lost rainforests

Project partner Wildlife Trusts commends Aviva for its 'far sighted approach' to nature-based solutions, as insurer pursues net reduction in carbon emissions from the mid-2030s onwards

clock 02 February 2023 • 4 min read
Report: ESG investment funds swell in numbers despite disclosure failures

Investment

Report: ESG investment funds swell in numbers despite disclosure failures

Number of environmental social governance funds achieving higher classification under European sustainable finance disclosure regulations rises in 2022

clock 02 February 2023 • 2 min read
Green and sustainability bonds: Decade of global growth stalled in 2022

Investment

Green and sustainability bonds: Decade of global growth stalled in 2022

But Climate Bones Initiative predicts 2023 will prove a 'stellar year' worldwide for global green bond issuance, as net zero transition gathers pace

clock 01 February 2023 • 2 min read
'We need every tool in the box': Carbon credit firms defend Voluntary Carbon Market

Offsets

'We need every tool in the box': Carbon credit firms defend Voluntary Carbon Market

Letter comes in wake of reports accusing carbon offset providers of over-stating climate impact of forest-based projects

clock 31 January 2023 • 3 min read
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