EU sets 90% decarbonisation reduction target by 2040

The European Commission’s proposal for almost full decarbonisation by 2040 “is revolutionary and reinforces the EU position as a global leader on climate change”, according to a leading policy director at the International Emissions Trading Association (IETA). Based on initial impact assessments and the advice of the European Scientific Advisory Board on Climate Change, the … Read more

Pollination appoints State Street director as senior adviser

Pollination, the nature investment and advisory firm, has appointed Dame Amelia Fawcett as senior adviser to the business. Currently, Fawcett is the lead director of State Street, co-chair of the International Panel on Biodiversity Credits (IAPB), chair of the Royal Botanic Gardens, Kew and chair of the Circular Bioeconomy Alliance. She will be advising Pollination … Read more

Schroders launches energy transition infrastructure LTAF

Schroders Greencoat, the renewables and energy transition infrastructure manager of Schroders Capital, has launched a long-term asset fund (LTAF) dedicated to renewable energy and energy transition infrastructure. The Schroders Greencoat Global Renewables+ LTAF is designed to allow UK pension savers to invest in this asset class while benefitting from “stable, diversifying and inflation-linked investment returns”. … Read more

The growing interest from advisers in investor engagement is to be welcomed

It’s February. The weather’s dreary, the news is bleak, and the ESG-bashing continues. But for all of us working in sustainable investing, there’s an emerging trend which should lift the winter blues: we’re seeing more financial advisers interested in engagement and stewardship. What’s more, formal groups of like-minded advisers are coming together to work collectively … Read more

Calamos Antetokounmpo US Sustainable Equities fund made available in Europe

Calamos Investment has launched the Calamos Antetokounmpo US Sustainable Equities fund for the European market. The firm said the fund is aimed at European investors seeking a US equity allocation while looking to participate in low-risk, long-term opportunities that deliver positive societal impact. With a sister fund initially launched in February 2023 in the US … Read more

Triodos launches child wellbeing and development fund

Triodos Bank UK has introduced the Triodos Future Generations fund, a thematic vehicle aimed at improving the wellbeing and development of children worldwide. The fund is managed by Triodos Investment Management (Triodos IM) and has been open to European and UK institutional investors since March 2022, and currently has assets under management of €38m (£33m). … Read more

Climate change and extreme weather top global risk concerns

Climate change and extreme weather rank as the biggest worries over the next two years of those polled for the latest Global Risks Report from the World Economic Forum (WEF). Ahead of this year’s conference in Davos, Switzerland, which ran from 15-19 January, the WEF surveyed 1,490 experts across academia, business, government, the international community … Read more

Investor boost as EU scales up green subsidies

Investors should benefit from new European Union support for green subsidies, according to global law firm Norton Rose Fulbright. In the article EU scales up green subsidies – how you can benefit from new support for clean investments – which comes on the back of the EC’s adoption of changes to its state aid framework supporting … Read more

Covid-19 recovery spending could negatively impact climate adaptation

Nearly 28% of recovery spending could have negative impacts for climate adaptation, by locking-in non-resilient infrastructure for example, according to research conducted by the University of Oxford. Analysing 8,000 government policies across 88 countries, the research also revealed only 10% of investment spent on Covid-19 recovery was ever likely to enhance direct climate adaptation, although … Read more