Remove Banking Remove Development Remove Greenwashing Remove Social Sustainability
article thumbnail

Take Five: No More Hot Air

Chris Hall

Separate from the US$100 billion per annum in climate finance pledged by rich countries, the Loss and Damage Fund was the surprise hit of COP27 , agreed with the aim of compensating the developing countries most at risk from the physical impacts of climate change already ‘locked in’. Let’s hope it’s not just more hot air.

article thumbnail

UK Green Labels to Raise Fund Standards

Chris Hall

Protected status for ESG investment products could mark the beginning of the end for greenwashing for UK investors. Before long, any asset manager thinking of slapping a ‘sustainable’ or ‘ESG’ label on its investment products for UK clients should think twice – at least. It thinks there is a problem about greenwashing.”.

Insiders

Sign Up for our Newsletter

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

article thumbnail

GSSS: A Direct Path to a Just Transition

Chris Hall

Sovereigns have been relatively late entrants to sustainable bond markets following corporates and supra-national entities (such as the World Bank and the European Bank for Reconstruction and Development), which issued the first green debt securities in the mid-2000s. We expect more countries to follow.

article thumbnail

When Green is Gold

Chris Hall

Ashok Parameswaran, President of the Emerging Markets Investors Alliance, highlights the challenges of achieving environmental and social impact via emerging markets bonds. There’s a lot of greenwashing, and there are really weak standards in terms of additionality, materiality, accountability and transparency.”.

article thumbnail

Asia’s Sovereigns to Embrace Sustainable Bonds

Chris Hall

Moody’s cited challenges including short-term post-pandemic support for businesses and households, long-term sustainable development challenges, including climate risk mitigation, and gradual, uneven recovery in revenue streams. Developing economies globally need to invest as much as US$4.5 trillion) to reach the goals.

article thumbnail

A Measured Approach

Chris Hall

Concerns over greenwashing have accelerated efforts by regulators and standard setters to develop and introduce more robust forms of disclosure and measurement to the burgeoning ESG investing market, he suggests. To date, Chile and Uruguay are the only sovereigns to have launched SLBs.

article thumbnail

Roundtable: In Pursuit of Value, not Values

Chris Hall

Once the details are known, corporates can ramp up their efforts to meet their new disclosure requirements and develop the underlying programmes and policies to support them. Curbing greenwashing. But the political context means there is likely to be a greater period of uncertainty and adjustment than normally follows a new rule.