Tokyo Stock Exchange carbon trading slowly picks up in first year
Companies prepare for government initiative in 2026 to speed up emission cuts Carbon trading on the Tokyo Stock Exchange has been
Read More
Banking/Finance
Investment Flows into Transition-Focused Funds Doubles Green Funds: ESMA
Sustainability-focused investor interest appears to have undergone a significant shift towards investments in companies enabling a ‘brown to green’ transition,
Read More
Green Climate Fund approves $151 million for African Development Bank’s climate resilience programme in the Horn of Africa
The Green Climate Fund has approved $151 million in financing for a major resilience programme supported by the African Development Bank to
Read More
Almost all companies will use AI for financial reporting in 3 years – KPMG
Photo: Ninety-nine per cent of organisations will adopt artificial intelligence (AI) into their financial reporting processes in three years, according
Read More
Caribbean Development Bank chief says ‘no time to waste’ on climate action
The Caribbean Development Bank’s acting president on Wednesday called for immediate action to fund efforts to protect the region’s coastlines
Read More
Regulators lack resources to tackle greenwashing, says EU watchdog
Market watchdogs across the European Union have punished few instances of “greenwashing” by financial firms, partly because regulators don’t have
Read More
Some euro zone banks may be fined after missing ECB climate goal
Some euro zone banks have fallen short of the European Central Bank’s climate-related goals and may face fines, a senior
Read More
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the
Read More
Global Basel Committee bolsters rules for supervising banks
The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate
Read More
New grant for large businesses to defray costs of sustainability reporting
To help businesses develop their first sustainability reports, a new grant will defray the costs that large companies incur; a
Read More