Capital Flows
May 10, 2023
IEEFA slams Eni for ‘carbon bomb’ gas field plan following sustainability-linked bond issuance
Think-tank says the deal to develop a major gas field in Australia contradicts the Italian energy giant’s carbon reduction pledges. Italian energy company Eni’s plans...
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May 9, 2023
UK investors turning down start-ups over poor sustainability credentials, says Amazon
A new study finds that UK investors are opting not to invest in start-ups due to their weak ESG characteristics. Fifty-six per cent of UK...
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May 9, 2023
Financial service coal divestment policies double over three years
With the number of financial institutions divesting from coal doubling between mid 2019 and the end of 2022, think-tank IEEFA says it is European companies...
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May 9, 2023
EU could replace Russian gas imports with green energy by 2028, Oxford study finds
A new report is urging the EU to shift its focus from substituting Russian gas imports to expanding and capitalising on policy measures that target...
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April 24, 2023
Sovereign debt surges in green bond market
Government bonds now account for a fifth of the Bloomberg MSCI Green Bond Index. Sovereign bonds where proceeds are purely designated for green projects have...
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April 20, 2023
Carmakers to fund decarbonisation with sustainable debt, says Moody’s
After a drop in issuance last year, the green bond market could receive a boost in 2023 as carmakers seek to fund their net zero...
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April 20, 2023
Downgrades expected as MSCI amends methodology for ESG fund ratings
The ratings provider is implementing a new approach to swap-based exchange traded funds to give ‘more accurate assessments' of ESG factors to investors. MSCI’s changes to its methodology for rating...
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April 17, 2023
Carbon credits: time for a correction?
Many in the fragmented voluntary carbon credit market have welcomed new rules set out by the Integrity Council, but with projects and methodologies under review, organisations like Verra and Gold...
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April 14, 2023
RBC replaces JPMorgan as largest fossil fuel financier in 2022
New research finds that despite a decrease in overall financing for fossil fuel companies in 2022, banks’ policies allow for an annual loophole of $750bn. Royal Bank of Canada was...
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April 3, 2023
Integrity Council launches global benchmark for carbon credits
The governance body for the voluntary carbon markets has published a global benchmark, the first of its kind, to build trust and liquidity in this space. The Integrity Council for...
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April 3, 2023
Climate Action 100+ releases upgrade to net zero company benchmark
The investor engagement coalition that focuses on countering climate change has modified its series of indicators to encourage companies to act on transition plans. Climate Action 100+, the coalition grouping...
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