Breaking news - Sustainable Finance
What’s new in sustainable finance?
Every week, Carbon4 Finance shares the latest headlines in sustainable finance.
Finance for Biodiversity Foundation launched a nature target-setting framework. It aims at guiding asset managers and asset owners in setting nature-related targets aligned with the FfB Pledge and Global Biodiversity Framework. It suggests initiation targets by 2026, sectoral targets by 2030, encourages disclosure by December 2024, with the next version in H1 2024 covering priority sectors.
The French ACPR displayed a report that oversees compliance and aims to improve future disclosures by specifying expectations. Insurers and pension schemes must publish sustainability reports under the Energy and Climate Law.
The European Central Bank (ECB) has added 'nature loss and degradation' to its focus for the next two years, aiming to analyze their connection to climate change and assess economic and financial implications, while also exploring the role of ecosystems.
