Two lawsuits have this week been filed in Luxembourg against the European Union over its decision to include gas and nuclear in its guide to ESG investing. One of the suits has been filed by Greenpeace; the other by a coalition including Client Earth and the World Wildlife Fund. In the former, the argument being…
Parliament and Commission are at loggerheads over what counts as ‘green’
Damaging the symbolic power of the EU taxonomy, one critic says
Some argue it could help attract private finance in the push for net-zero
As the government puts greenwashing in its crosshairs
And are backwards looking quant models set to become obsolete?
But some still doubt that the measures will go far enough
Italy has launched its €8.5bn inaugural green bond – 2021’s first major green sovereign issue.
But the EU’s taxonomy can guide investors through this rough patch
PRI reveals framework is operable but data and indicator frontier not yet tackled
Stakeholders welcome classification system, describing it as ‘game changer’
Harmonised screening of high carbon/climate-risk inducing assets would affect ratings
