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.”.

article thumbnail

Take Five: No More Hot Air

Chris Hall

Progress had been grindingly slow until a breakthrough in the run-up to COP28, which paved the way for a deal on the opening day, effectively giving the green light for grant-based funding, facilitated initially by the World Bank, raising transparency concerns for some.

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

Sovereign green, social and sustainable bond (GSS) issuance has grown rapidly in recent years, but these bonds still only account for 5% of total outstanding sovereign debt. Labelled bonds can stand accused of ‘greenwashing’ if a robust sustainable framework is not in place. We expect more countries to follow.

article thumbnail

When Green is Gold

Chris Hall

An important key to unlocking that finance lies in green and sustainable emerging market bonds, which promise lenders both returns and the opportunity to invest in projects with an ESG impact. 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

The Asian Development Bank (ADB), which estimates a US$3.1 Global sustainable bond issuance surged in 2021, with data providers estimating total volumes just above or below US$1 trillion; green bonds accounted for roughly half. Developing economies globally need to invest as much as US$4.5 trillion) to reach the goals.

article thumbnail

Putin Puts Governance Back on the Agenda

Chris Hall

Banks and financial institutions, for example, will need to observe the complex and evolving web of new sanctions with more rigour than some have managed their compliance obligations in the past. Sectors dependent on discretionary spending suffered, but defensive investments will not be comfortable either.

COP26 52
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.