Elderson says the EU is losing the “race against the clock” to close the climate finance gap, underlining the need for immediate action to align with the Paris Agreement.
The Central Bank of Ireland has said it will increase pressure on mislabelling and marketing of green, ESG, and sustainable financial products.
The ECB board member also said that central banks should provide market incentives to induce changes in the financial industry but that they can’t be the only institutions inciting change. …
A new report shows that the world’s 60 largest banks provided US$673bn in fossil fuel finance in 2022, undermining net-zero pledges and emphasising the urgent need for greater banking regulation.
A new analysis from WWF reveals what progress has been made in climate-releated banking regulation and supervision in Asia Pacific nations, and how much still needs to be done.
What can Asia Pacific countries do to improve climate-related banking regulation and supervision? A team of policy experts from WWF provide the answers.
Politicians hope the bill will require the Federal Reserve to bring in policies restricting finance for fossil fuel and deforestation activities.
The collapse of the tech start-up bank has exposed cracks in the system which will only widen as the climate crisis unfolds, says Yevgeny Shrago of Public Citizen.
Much discussed but not yet in force, climate-adjusted capital requirements are viewed by many as a key element in the bank regulation toolkit to address climate-related risks.
A pair of recent news reports indicate that the US Securities and Exchange Commission is considering changes to its proposed climate disclosure rule. …
The European Central Bank has published its first climate-related statistical indicators to help it better assess the impact of climate-related financial risks and the development of green financing
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