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Dedicated 'go to' areas for renewable energy assets could spark debate on wildlife protections and community building.
To qualify for the label, a fund's overall aim must include 'making a positive contribution or significantly reducing the harm done to the natural world'.
The latest developments in ESG-related funds: AXA IM launches biodiversity fund, investors to allocate more to ESG ETFs.
Biodiversity initiative will also take into consideration indigenous rights.
The latest developments in sustainable finance: new industry collaboration to develop biodiversity targets for financial institutions; British pension savers will have access to more educational resources through new campaign; the Economist launches ESG rating service.
The latest developments in sustainable finance: At least two EU parties reject green label for gas and nuclear; NYC Pension Fund Trustees generate momentum on workforce diversity disclosures.
The latest developments in sustainable finance: Scottish Widows exits tobacco; the European Securities and Markets Authority seeks trainers in ESG.
New taskforce will help NGFS members fulfil mandate, while report lays out challenges for biodiversity scenario modeling.
The latest developments in sustainable finance: vote against ‘greenwashing’ bank directors, say Sir Chris Hohn.
$150m deal adopts payment-for-success structure to help conservation efforts. .

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