article thumbnail

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.

article thumbnail

A New Frontier for Green Investment

Chris Hall

The plan aims to further develop the country’s circular economy to be fully established by 2025, to increase resource productivity by 20%, and to reduce energy consumption and water consumption per unit of GDP by 13.5% The post A New Frontier for Green Investment appeared first on ESG Investor.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

article thumbnail

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 108
article thumbnail

La Banque Postale Launches €1 Billion Energy Transition Infrastructure Fund

ESG Today

.” Olivier Guigné, Group Chief Investment Officer at CNP Assurances, added: “This fund demonstrates a perfect alignment around our shared values and our commitment to an inclusive and sustainable society. With this investment, our total impact financing commitments now exceed €1.5bn.

article thumbnail

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.

article thumbnail

Corio, Rise Buy $420 Million Stake in TotalEnergies 3GW U.S. Offshore Wind Project

ESG Today

France-based Energy giant TotalEnergies announced today a new partnership with Macquarie’s Green Investment Group’s (GIG) Corio Generation and energy asset manager Rise Light & Power, for the joint development of Attentive Energy, a 3+ GW offshore wind project off the coast of New York and New Jersey. Coria and Rise acquired 27.7%