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Carbon pricing
It comes as BoE's Sarah Breeden says UK companies should use carbon prices consistent with net-zero pathways to understand the impact of the green transition.
The latest developments in sustainable finance: Top 150 Indian firms to use 'reasonable assurance' on for ESG disclosures; FRC's actuarial standards to include climate change as potential risk.
Alliance calls for end to direct upstream investments in position paper but similar expectations for companies are absent.
The latest developments in sustainable finance: GFANZ forms working group for Vietnam JETP; ANZ leads first Orange Bond for IIX.
The latest developments in sustainable finance: study finds 'appropriate' benchmark protects from carbon price risk; Asset owner platform and Qontigo release SDG data tool.
It is based on the newest set of central bank climate scenarios to be published in a year.
The latest updates in sustainable finance: Mizuho appoints first ever CSO, three new managers sign up to Asian utilities engagement programme.
UN-backed $10trn net-zero alliance also calls for end to fossil fuel subsidies, calling them “perverse incentives”.
Investor guidance for portfolio decarbonisation is set to follow.
The latest developments in sustainable finance: Most pension funds 'do not believe net-zero commitments are achievable', UK government plans legislation to block Israel boycotts.