08/31/2020
The first of its two funds is expected to be introduced in mid-2021, with a fundraising target of up to $1 billion. This will be followed by a carbon fund of up to $2 billion; the timeline wasn’t specified.
08/26/2020
The South Korean government in April announced its own Green New Deal, including phasing out most coal financing, followed in July by proposals to ban public financing overseas of coal projects.
08/12/2020
Forest-risk companies in Southeast Asia tend to rely almost entirely on debt financing. In view of this leverage, banks can be deemed directly accountable for deforestation and related offences committed by their borrowers.
08/11/2020
According to Jaakko Kooroshy, head of sustainable investment data and methodologies at FTSE Russell, the pandemic has “certainly focused investors on sustainability factors”.