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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 trillion in the other.

Banking 109
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How the US Is Running Away with Green Investment

Chris Hall

Despite its lauded Green Taxonomy , which should position the EU to rival the US, limited State aid, ambiguity of the legislation, and a lack of incentives and legal obligations imposed on companies, has resulted in limited uptake from investors in Europe and delays in tangible action.

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ECB Announces Increased Focus on Climate Risk, Green Transition

ESG Today

The European Central Bank (ECB) announced today a decision to expand its work on climate change, releasing a new “climate and nature plan 2024-2025,” outlining its roadmap for action in these areas over the next two years. Click here to access the ECB’s climate and nature plan 2024-2025.

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A New Frontier for Green Investment

Chris Hall

Per the European Investment Bank Group , the circular economy, thanks to technological innovation, would increase global resource productivity by 3%. The post A New Frontier for Green Investment appeared first on ESG Investor. Per MarketStudyReport , the global circular economy is set to grow by 7.8%

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ESG Bond Issuance to Quadruple by 2025

Chris Hall

trillion per year by 2025, according to new research by Pictet Asset Management and the Institute of International Finance (IIF). Achieving net zero by 2050 could require the climate bond universe to reach US$36 trillion by 2025 and over US$60 trillion by 2030, it added. Global issuance of ESG-labelled bonds could reach US$4.5

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La Banque Postale Launches €1 Billion Energy Transition Infrastructure Fund

ESG Today

Key focus areas for the fund will include renewable energy, circular economy, clean transport and energy efficiency, as well as innovatve sectors such as e-mobility, green hydrogen and energy storage. With this investment, our total impact financing commitments now exceed €1.5bn.

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ING’s SDG Fund Champions “Impactful” Investment

Chris Hall

ING Asset Management’s new SDG Impact Strategy will provide clients with exposure to companies that contribute specifically to the 17 UN Sustainable Development Goals (SDGs), responding to strong demand for ‘dark greeninvestments. Article 9 rebound? billion from January to April.