Financing News
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ESG Book aims to shape the future of sustainability dataFinancial institutions including HSBC and Bridgewater Associates are backing a public database to simplify access to corporate sustainability data. 'ESG Book', created by data firm Arabesque, aims to standardise multiple corporate disclosures from around the world. -
Questions about who gets the billions pledged to Indigenous causes at COP26Indigenous organisations say increasing direct funding to Indigenous-led initiatives and transparency in the flow of funds can increase effectiveness of the pledges and build trust.
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Tax breaks kick Pakistan's electric car shift into higher gearSpurred on by hefty new tax exemptions for electric vehicle imports, an ambitious policy to cut carbon emissions and urban pollution is picking up speed. -
‘Great mining migration’: power-hungry Bitcoin leaves ChinaResponsibility for addressing the cryptocurrency’s rising energy appetite is now shifting to countries like the US, Canada and Kazakhstan.
Financing Opinion
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Finance must combat climate change - or else– Despite the increasing urgency of the climate crisis, many of the world’s most powerful financial actors have continued to invest in the fossil-fuel industry. But a new trend in the law is forcing institutional investors to decarbonise their portfolios – or be held legally accountable. -
Sustainability-linked finance: the unresolved dilemmas– Despite the laudable motives behind the design of sustainability-linked finance, there remain two unresolved dilemmas – the omission of the “additionality principle” and the risk of moral hazard. Lenders and investors need reassurance that sustainability-linked money is financing genuine and additional advances in environmental and social progress. -
Putting public finance on the right side of history– With the urgency of the climate crisis becoming clearer by the day, governments and multilateral lenders must end public financing for fossil fuels and increase their support for renewables as soon as possible. This year's United Nations climate-change conference offers the perfect opportunity to lock in such commitments.
Videos
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Is your pension fuelling climate change?– Pension funds are some of the world's largest investors—holding trillions in assets—billions of which are pumped into fossil fuel companies like Shell, BP, and Total.
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Highlights from Ecosperity Week 2019– Eminent speakers and thousands of attendees discussed strategies for a resource-efficient future at Ecosperity Week 2019. As they heard about the science of global warming, delegates were called upon to be part of the solution.
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Ideas to tackle the existential threat of global warming– Suggestions by delegates at the World Bank's recent Innovate4Climate event in Singapore included: Supporting developing countries in their efforts to conserve the forests, and launching more incubators for climate-friendly solutions.
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An electrifying solution to improve livelihoods– In line with the Sustainable Development Goals' aim to eradicate poverty, a Japanese multinational electronics firm is providing power supply stations, solar storage and products to countries with little or no access to electricity.
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