Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiency
The prize is huge if we can agree on standards and get this right
Backing of former Bank of England governor comes as politician promises ‘iron clad’ fiscal discipline
Succession, Mike-style
Forum for financial institutions faces challenges as it is caught between political threats and the 1.5C Paris target
With the Bank of England unwinding its gilt portfolio, the country will need more buying from foreign investors
Plus, the growing antitrust legal concern for Gfanz
One year on from Glasgow, the former Bank of England governor’s $130tn alliance risks falling short of expectations and promises
Financial institutions cannot claim to be net zero while investing in fossil fuels, says report
Plus, blended climate finance heading in the wrong direction
The former BoE chief on where Brexit has left Britain and the chaotic aftermath of Kwasi Kwarteng’s ‘mini’ Budget
Tensions grow over restrictions to fossil fuel investments and financing imposed by Race to Zero campaign
Groups cite the resources needed to meet data reporting requirements
‘Clarifications’ issued by UN standards body over lending to fossil fuel projects
Lenders fear lawsuits if they stick with Gfanz
Independent body will have the power to eject members for not meeting new criteria such as ending coal financing
The financial sector can play a crucial role by redeploying its formidable firepower in support of climate action
New role for two-time central bank governor comes as group takes steps towards succession plan
Plus, the carbon bombs lurking on global stock markets
Frankness over the need for oil and gas is required in the transition to a greener future
A quarter-century after the central bank was granted autonomy, soaring prices are testing its mettle
Plus, play our new game to find if you can save the planet from the worst effects of climate change
World’s largest lenders provided only slightly less financing last year than in 2020, analysis shows
New Integrity Council aims to introduce ‘core carbon principles’ quality label by end of the year
Plus, Asian and Middle Eastern economies face steep energy transition costs and cumulative inflows of ESG ETFs soar