Sustainable finance

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…

Renamed ESG funds “a step in the right direction” to tackle greenwashing

A recent decline in the number of ESG-related investment funds reflects a shift towards compliance and away from greenwashing, suggests…

How to mobilise private finance for climate adaptation

COP28 saw progress on global adaptation efforts, with governments agreeing on targets for a Global Goal on Adaptation (GGA) and…

“There is politics, and there is business; the reality is ESG is good business” – UNEP FI’s Eric Usher 

A lot has changed since Mark Carney first launched GFANZ with a huge fanfare at COP26 in Glasgow. During the…

How COP28 accelerated the conversation on coal phase-out

DUBAI – COP26, which took place in Glasgow in 2021, was supposed to be the COP that “consigned coal to…

COP28 focus on energy efficiency an “extraordinary moment”, says top investor

DUBAI - One of the key achievements of COP28 has been a pledge to triple renewables and double the rate…

COP28: Six new banks sign up to UNEP FI’s Principles for Responsible Banking

Over the weekend at COP28, at an inaugural signing ceremony attended by Energy Monitor, the United Nations Environment Programme Finance…

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