Tag: Green Finance

The Bank of Korea (BoK), South Korea's central bank, is facing calls from advocacy organisations to incorporate climate finance into its monetary policy framework...

The Hong Kong Monetary Authority (HKMA) has published Phase 2A of the Hong Kong Taxonomy for Sustainable Finance, marking a further step in strengthening...

Nomura Asset Management EU (NAM EU) has launched a French Alternative Investment Fund (AIF) with a strong sustainability focus, achieving the coveted Socially Responsible...

India’s Ministry of Finance has unveiled a draft framework for its Climate Finance Taxonomy, a new classification system aimed at directing capital towards sustainable...

Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.

MioTech, an AI-powered sustainability data and solution developer, has closed its Series B+ round, which will help it increase product development efforts.

Climate X, which designed financial risk modelling for climate chance, has raised £1.1m in its pre-seed round.

FutureProof, which helps financial services companies assess climate change risk, has secured $3m in funding.

As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.