Sustainable finance

Double energy efficiency by 2030 to ensure net zero – IEA

The world needs to double its progress on energy efficiency between now and 2030 to get on track to net-zero…

IEA: solar investment will exceed oil investment for the first time in 2023 

Solar investment will exceed oil investment for the first time in 2023, with total clean energy investment on course to…

Will antitrust concerns be the death knell for insurers’ net-zero commitments?

The recent departure of three of Europe's largest insurers from the Net-Zero Insurance Alliance (NZIA), part of the wider Glasgow…

Up to 90% of EU spending to replace Russian gas with green technology could be recouped through fuel savings

Between 40% and 90% of the costs associated with replacing Russian natural gas in Europe with green alternatives could be…

Weekly data: how Adani lost its green credentials

It has been a tricky few months for Adani, the colossal Indian conglomerate known for being the world’s largest private…

Opinion: To unleash the clean trillions we need more sticks, less carrots

The climate movement is beginning to stop the fossil fuel money pipeline – but that’s only half the problem. The reality…

Opinion: Finance is not the choke point to accelerating the energy transition in the Global South

Earlier this month in Washington, DC, donor and recipient countries, financiers and advocates convened at the World Bank Spring Meetings.…

Why ESG funds are full of fossil fuels

Now worth more than $10trn, the success of the US sustainable fund market is testament to the growing realisation that…

Opinion: Digital banks are raising the bar on sustainability

The banking industry plays a vital role in combatting global warming by funding solutions, yet it is so often overlooked…

Net-zero banks show little sign of slowing down fossil fuel financing

A criticism often levelled at Mark Carney’s Glasgow Financial Alliance for Net Zero initiative (GFANZ) and in particular its banking…