Campaigners say bank relations undermine divestment policies
Banks indicate governance concerns and a desire to go it alone, but NGOs say they are ‘backpedalling’
UK Treasury committee report reveals culture to blame for lack of improvement
Announcement comes ahead of the bank’s AGM, where its renewables to fossil fuel financing ratio will be scrutinised
New guidelines aim to boost capital markets funding and improve gender equity in Africa
Regulatory confusion awaits banks also subject to international rules
More money for green industries, but little relief for SMEs and the poorest in UK chancellor Jeremy Hunt’s plans
The plans include regulation of ESG rating providers, more than £1bn for its latest ‘contracts for difference’ auction round, and fuel duty cuts
The financial sector’s policy and disclosures fall behind others
Acceptance of fossil fuel companies’ assets as collateral goes against the BoE’s net zero remit, says a new paper
The UK could lose billions in green energy investment without addressing bureaucratic and grid capacity issues, says report
Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition
Most financing decisions for climate action do not explicitly consider the social risks or opportunities, says LSE
Asia, ME and Latam remain bright spots for ESG bonds as growth in Europe and the US slows
Will Japan’s $11bn climate transition bond drive wider adoption of transition finance?
A phase-out of fossil fuels will not happen unless we change how we measure growth
PCAF responds to criticism and explains the process behind developing emission disclosure standards for banks
Climate misalignment exposes European banks to greater risks and insolvency issues, says ECB
Treasurers from leading UK universities want banks to develop “cash products” that do not contribute to fossil fuel expansion
Will 2024 see sustainable finance turn a corner, or will geopolitical issues and investor reluctance persist?
