Investors are increasingly working together in response to climate change—this type of collaboration is extremely powerful. Investors are now recognised as critical players to catalyse global…
The European Central Bank is strongly considering disclosing climate risks in its bond programs and will now focus on collecting the data that will help achieve that, according to officials familiar…
In a letter, senior officials from Europe said the World Bank's management should expand its climate change strategy to end backing for coal, oil and most gas projects.
WASHINGTON - Senior officials…
The three local authority pension funds with the largest investments in fossil fuels are Greater Manchester, Strathclyde and West Midlands.
Nearly £10bn remains invested in fossil fuel companies…
A petition signed by nearly 65,000 people calls on the Bank of England to ‘cut off the money pipeline’ for fossil fuels.
Campaigners have called on the chancellor Rishi Sunak to use the upcoming …
Financial markets rely on a common language. Before investors can take a view on a company’s prospects, they need to understand its assets and liabilities, its cashflows and earnings. The current…
The wife of the chancellor, Rishi Sunak, is a shareholder in a restaurants business that funnelled investments through a letterbox company in the tax haven of Mauritius, in a structure that could…
Global survey finds spending expected to double in five years in response to climate fears.
Global investors managing nearly $7tn (£5.2bn) of assets plan to almost double their spending on renewable…
At least $170 billion of public money has been pledged to fossil fuel-intensive sectors since the start of the pandemic.
The Paris Agreement demonstrates the world uniting to fight climate change;…
Former senior officers of renewable energy agencies say government’s bill would undermine Clean Energy Finance Corporation’s independence.
Former leaders of Australia’s renewable energy agencies…
The World Bank has come under fire by a leading European NGO over some of its loans and grants. In a recently issued report, the German group, Urgewald, lambasted the international financial…
Group with total portfolio of $5tn seek cuts of 29% from companies they invest in.
Thirty of the world’s largest asset owners, with portfolios worth a combined $5tn (£3.8tn), have committed to…
The COVID-19 pandemic has shown the power of governments to address urgent challenges. Across the world, countries have implemented unprecedented fiscal measures in response to the crisis. This shows…
Higher public spending urged as way of boosting employment and GDP at relatively low cost.
The International Monetary Fund has told its member governments they can create millions of jobs and boost…
AccountAbility has identified the following practices exemplified by industry leaders to serve as good guideposts for companies grappling with GHG management expectations and related business…
For investors and policymakers, effectively addressing climate change poses particular challenges—not the least of which is the long time-lag between actions and outcomes. The inertia in the climate…
Wind and solar PV could attract more investment than any other power generation source in the Asia Pacific region in the next decade as the two technologies become cost-competitive with coal by 2030…
State government says money will hasten new renewable projects as it announces additional $1bn economic stimulus package.
The Queensland government has announced a $500m renewable energy fund – to…
Vast majority of world’s electricity companies remain heavily invested in fossil fuels.
Only one in 10 of the world’s electric utility companies are prioritising investment in clean renewable energy…
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