Financial institutions accused of ‘cakeism’ for failing to reduce their exposure to fossil fuels
Many are taking only selective steps towards decarbonisation
GFANZ
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IEEFA calls on GFANZ to amend recommendations for transition indices
GFANZ is currently undergoing a significant restructure as firms exit its sub-alliances
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Does membership of the Net Zero Asset Managers initiative matter to fund selectors?
Suspension of NZAM is a ‘blip in authenticity’ as investors look for reassurance around climate commitments from US asset managers
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Sustainable value investment: The evolution of ESG in the UK’s financial future
Ensuring that sustainability remains value-driven without diluting accountability
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NZAM suspends activities in the wake of BlackRock’s exit
The initiative will conduct a review to ensure it remains ‘fit for purpose in the new global context’
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GFANZ restructures and shifts focus as more firms leave sub-alliances
The organisation drops the requirement to align with the Paris Agreement in order to participate
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More than half of Luxembourg financial companies meet SFDR ‘comply or explain’ rules
ESG funds account for 67.3% of Luxembourg’s UCITS
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Investment COP: Mobilising finance for ‘total net-zero’ before 2030
Panel discussed collaboration and ways to meet 2030 decarbonisation targets
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GFANZ highlights data gaps, nature and net-zero indices as priorities for 2024
Reflecting on 2023 progress, the alliance said 250 financial institutions are expected to publish transition plans
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COP28: Blended finance partnership launched to accelerate energy transition in Asia
Aiming to raise $2bn
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COP28: Carbon markets crediting agencies align standards to increase integrity and transparency
Scaling high-integrity carbon markets ‘critically important’ to increase climate finance
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COP28: Global Climate Finance Centre launched to unlock barriers for green investment
GCFC to ‘catalyse the transformation of global financial markets’