Investment management
Climate activists lament vast new oil pipeline at Africa Climate Week
NAIROBI - As thousands of delegates gathered in Nairobi to discuss climate solutions at the annual Africa Climate Week, a…
Flawed climate risk advice to pension funds “driving us off a cliff-edge”
Pension funds are risking economic catastrophe by relying on flawed economic advice around climate risk, finds a new report published…
Insurers must meet targets to combat climate change
In addition, this comes as the Net-Zero Insurance Alliance (NZIA) drops the requirement for members to keep setting climate change…
Financial giants have invested $1.5bn in dirty Bitcoin mining – Greenpeace
American Express, BlackRock, CitiGroup, Fidelity, Goldman Sachs, JPMorgan Chase, Mastercard, Vanguard and Visa have collectively invested $1.5bn in Bitcoin mining,…
Why climate stress tests are not fit for purpose
For decades, central banks have used stress testing to assess their resilience to various economic shocks such as a recession.…
How to get pension funds to invest in renewables in Africa
Among the myriad efforts that have been made to drum up sufficient climate finance to fund the clean energy transition…
Exclusive: how US oil extraction plans will scupper global climate goals
To the dismay of green activists, the Biden administration approved the Willow oil drilling project in Alaska in March 2023.…
EEFIG’s last day: a decade driving energy efficiency investments
Europe’s first – and only – formal energy efficiency financial institutions group, the EEFIG, is celebrating a decade of action…
Weekly data: investors scale back support for climate resolutions at oil majors in 2023
This year, investors were offered a chance to steer the world’s largest oil majors towards a low-carbon future by supporting…
How the anti-ESG movement is failing to gain a foothold in corporate America
This year’s proxy season – the time between mid-April and mid-June when most large, publicly traded companies host their annual…