Sustainable finance

Methane in the net-zero crosshairs for 2023 – Bill Gates’s Breakthrough Energy Ventures

At the 2015 UN climate conference that delivered the Paris Agreement, Bill Gates announced that a coalition of 28 high-net-worth…

Weekly data: Rise in US anti-ESG policies could cost taxpayers hundreds of millions of dollars

Understanding that integrating social and environmental considerations into business models can lead to positive returns has in recent years led…

How green bonds could turbocharge the energy transition in 2023

By providing investors with the opportunity to accelerate the energy transition while generating healthy returns, green, sustainable or “labelled” bonds…

World’s largest asset managers block climate action amid anti-ESG backlash 

While 2022 was the hottest year on record for a number of countries globally, the world’s largest asset managers' progress…

The “Great Reclassification” of sustainable funds

On 31 May 2022, around 50 police officers raided the Frankfurt offices of Deutsche Bank’s asset management arm DWS, as…

Too few rules on fossil fuels? The limitations of Mark Carney’s GFANZ alliance

One year ago at COP26 in Glasgow, ex-governor of the Bank of England Mark Carney announced that more than $130trn…

Weekly data: Renewable energy dominates climate finance

For the last decade, the non-profit Climate Policy Initiative (CPI) has been tracking global climate finance flows by analysing all…

Top banks’ decarbonisation targets risk net-zero overshoot

On 9 November, to coincide with COP27’s ‘Finance Day’, the Net Zero Banking Alliance (NZBA) released its first progress report…

Opinion: Closing the clean investment gap

With the passage of the Inflation Reduction Act in the US, and 'Fit for 55' in Europe, it is easy…

Why the financial odds are stacked against developing countries

In the run-up to COP27, leaders of developing countries called for an overhaul of the global financial system. Barbados Prime…