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Coalition of Democrat attorneys general write to SEC disputing Republican complaints on ESG integration in credit ratings.
Gloucestershire PF members back defence investment - World Federation of Exchanges launches transition equity consultation - Luxembourg commits €50m to TFFF.
UK Climate Change Committee releases adaptation report - war tops list of exposure companies most fear - Canada's Investors for Paris Compliance to shut.
Banco do Basil issues landmark nature bond - PGIM publishes white paper on biodiversity and investors - CII launches no-action request tracker.
It comes following concerns over the effectiveness of sovereign credit assessments in capturing climate risks.
European Systemic Risk Board says tweaks to IFRS accounting standards could improve climate disclosures, while ESMA has separately proposed new ESG disclosure requirements for CRAs.
More granular CRA disclosure regulations may be needed, says eurozone supervisor.
Ecological destruction can drive downgrades, debt crises and soaring borrowing costs.