A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
The European Union is planning to allow some natural-gas and nuclear energy projects to be classified as sustainable investments in a proposal that sparked immediate criticism from the Greens.
It seems fitting that the UK Government chose to round off its 10 Point Plan with a focus on what will fuel the energy transition – cold hard cash.
NatWest has announced a target of providing £100billion of sustainable and climate funding for customers by the end of 2025.
This year’s Earth Day was cause for optimism in our fight against the climate emergency. With climate change now well and truly upon us, Earth Day 2021 saw the most significant renewal of pledges to tackle the crisis by national governments since the Paris Agreement of 2015.
BlackRock has raised $4.8 billion (£3.5bn) for a new fund to invest in renewable power assets around the world - almost double its initial target.
The age old debate of who gets what is likely to become even more fervent after the global pandemic.
Macquarie has joined a global climate change initiative as it attempt to build on its pledge to hit net zero emissions by 2040.