Breaking news – Sustainable Finance
What’s new in sustainable finance?
Every week, Carbon4 Finance shares the latest headlines in sustainable finance.
EU agreed on regulating ESG rating providers, requiring authorization and supervision by ESMA. A three-year review is planned to potentially include ESG data providers, aiming to enhance transparency and reliability, requiring disclosure of methodologies.
Ontario expanded its sustainable bonds program to fund nuclear, fossil fuel, and social projects, raising $16.5 billion Canadian dollars, aligning with shifts seen in Europe and Canada and eliminating previous exclusions on fossil fuel projects.
EFRAG issued first set of technical Explanations via ESRS Q&A Platform, aiding stakeholders with ESRS implementation and quarterly released planned for practical support, addressing sustainability queries.
