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Asian Investors Embrace Net Zero Commitments

Chris Hall

Portfolio-wide commitments to net zero emissions have surged among Asian investors, according to a new study from The Asia Investor Group on Climate Change (AIGCC). A total of 40% of survey respondents had committed to net zero emissions, compared with none the previous year. Barriers to investment.

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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

If companies want to do big business with the Canadian government going forward, they’ll need to prove how green they are. The federal government is pursuing new policies on procurement and low-carbon investment standards aimed at boosting the business prospects for companies committed to net-zero climate plans.

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

At a forum on sustainable finance in Ottawa this week, a parade of speakers, including Environment Minister Steven Guilbeault, warned that Canada is falling behind global competitors in the race to attract the investment needed to fuel the transition to a net-zero economy. Canada is playing catch-up,” he acknowledged. “We

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SFDR: Market Divided on Future of Article 8, 9 Funds

Chris Hall

According to Morningstar’s SFDR Article 8 and Article 9 Funds Q3 2023 Review , Article 8 and 9 fund assets are worth more than €5 trillion (US$5.8 trillion) with Article 8 accounting for 53% of the market.

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Take Five: Into the Stratosphere

Chris Hall

The European Markets and Securities Authority (ESMA) released an analysis that noted the “absence of harmonised and standardised reporting requirements” for private sector actors against SDG targets, and concluded that most funds claiming to contribute to SDGs neither explained clearly how they aligned, nor invested any differently to non-SDG funds.

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Taking the Heat Out of COP27

Chris Hall

The fine print, including who is going to pay into the fund and how much, will be published at COP28 in Dubai, with a transitional committee planning to meet before the end of March 2023. . At least US$1 trillion of this needs to be annually invested in EMDEs. The finance sector .

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Five trends that shaped sustainable finance in 2022

Corporate Knights

The year started optimistically, fresh off the bold and ambitious agreement in November 2021 that established the Glasgow Financial Alliance for Net Zero (GFANZ). Index fund managers slow-walked on net-zero. More than US$8 trillion removed from sustainable investment tally. Canadian and U.S. In the U.S.,

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