Remove Climate Change Remove Definition Remove Green Bonds Remove Sustainable Investment
article thumbnail

Global Regulatory Brief: Green Finance, January Edition

3BL Media

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

article thumbnail

Funding a More Sustainable Future

3BL Media

1 Seventy percent of investors in full- or part-time jobs would probably or definitely include sustainable funds in their 401(k)s if offered by their employers’ plans. assets was either in sustainable investments or tied to ESG practices, 3 with assets set to surge from $35 trillion to $50 trillion in the next three years.

Net Zero 243
Insiders

Sign Up for our Newsletter

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

article thumbnail

11 young professionals on the future of sustainable finance

GreenBiz

At the end, I have the privilege to participate in these processes and remain involved in this green transition. There are challenges in terms of getting the right price, but I think that it’s a very powerful tool in mitigating climate change. It is definitely something I will keep my eyes on. Sheryl Owen.

article thumbnail

ESG Ratings: Bottom-line focused but not without broader impact

Jon Hale

End of Week Notes How Bloomberg Businessweek’s takedown of MSCI’s ESG Ratings got it wrong Sustainable investing has attracted its share of criticism lately. Further complicating matters, sustainable investing has not sprung forth as a unified, fully developed investment approach. To the contrary, this idea?—?that

article thumbnail

Building a Dark Green Superhighway

Chris Hall

European Commissioner Mairead McGuinness, responsible for financial services, financial stability and Capital Markets Union, told this October’s EU Sustainable Investment Summit taxonomies are critical to “identify environmentally sustainable investments and to increase transparency on sustainability”.

article thumbnail

More Relief than Regret as Montreal Fails to Make it Mandatory

Chris Hall

A statement from 150 global financial institutions with US$24 trillion in AUM backed a “robust” GBF that provided a clear mandate for the alignment of financial flows, supported the disclosure of nature-related risks, impacts and dependencies, and outlined clear targets and definitions to enable the development of nature-positive projects.

article thumbnail

The Future of Climate Investing

3BL Media

Climate risk and resilience are largely modeled by insurance companies, looking at how a company’s assets may be affected by rising sea levels, extreme heat, increasing natural disasters and other future climate events as climate change worsens.

Net Zero 130