Sustainable finance
Daily Chart: G20 spends three-times as much on fossil fuels as clean power
On average between 2020 and 2022, G20 countries channelled more than three-times as much public finance towards fossil fuels compared…
Citigroup follows JPMorgan by agreeing to disclose green financing ratio
New York City Comptroller Brad Lander has secured a second win after major US bank Citigroup followed in the footsteps…
Inside Estonia’s green energy push to attract investment
Estonia has, in recent years, managed to transform itself into an attractive investment destination, giving foreign investors the same incentives…
Support for ESG proposals plummeted last year – new report
Support for ESG proposals plummeted from a peak high of 33.3% in 2021 to just 21.5% in 2023, according to…
What are sustainability-linked loans and why are they struggling?
Sustainability-linked loans, a form of debt issuance linked to hitting certain sustainability targets, are haemorrhaging clients – in line with…
Venture capital funding for decarbonisation has stalled since 2022 – report
Funding for decarbonisation projects peaked in 2022 followed by a roughly 90% drop in 2023, a new GlobalData report reveals.…
How clean cooking has ‘moved to the top of the energy agenda’
In Africa today, four-out-of-five people continue to cook their meals over open fires. Globally, around 2.3 billion people are burning…
US state pensions risk “hard earned savings” by ignoring climate risks
The global cost of extreme weather attributable to climate change is estimated at $143bn per year over the past 20…
Is Barclays really moving away from fossil fuels?
Barclays' announcement last week (9 February) that it will no longer finance new oil and gas fields is positive environmental…
What is ‘green capitalism’ and can it tackle the climate crisis?
The recent confirmation by the World Meteorological Organization that 2023 was the hottest year on record and the limited commitments…
