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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.

Net Zero 147
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Seven sustainable finance predictions for 2025

Corporate Knights

Aconsequence of this pushback came on New Years Eve, when global financial behemoths Bank of America and Citigroup left the Net-Zero Banking Alliance, one of the investment industry climate coalitions championed by the United Nations. What does this mean for the year ahead?

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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 130
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Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

Going forward the CSRD will include more and more companies as the years progress, covering 50,000+ companies inside and outside the EU by the end of the 2028 reporting year. The EU Green Taxonomy is also instrumental for the upcoming EU Green Bonds Standard.

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Assembling the Pieces of the Carbon Pricing Puzzle

Chris Hall

The ETS, ETS 2 and the CBAM are the centrepieces of the EU decarbonisation agenda,” says Charles Boakye, Equity Analyst of ESG and Sustainable Finance at investment bank Jefferies. . The CBAM will gradually replace the ETS free allowances. .