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climate finance

‘No Slowdown’ In Sustainable Finance: Goldman Sachs To Go Net-Zero By 2030

3 Mins Read Goldman Sachs has reaffirmed its sustainability commitments in a new pledge to reach carbon neutrality by the end of the decade. The investment banking giant says it will develop climate data, improve disclosure, and integrate climate-risk considerations throughout its operations in a bold statement penned by its chairman and CEO David Solomon, who said the […]

Save Money & The Planet? Climate & FinTech Startup Creed To Debut Budget Planning & Emissions Tracking App

3 Mins Read Have you ever thought about how you could make a positive impact with your money? London-based startup Creed is about to debut its new mobile app aiming to do just that, combining finance with climate impact management. Features on the platform include spending management, carbon footprint tracking, offsetting emissions and more. Set to launch soon, […]

U.N. Secretary-General Says Wealthy Nations Need To Cough Up US$100 Billion To Reach Global Climate Goals

3 Mins Read Meeting the pledge by developed countries to mobilize at least US$100 billion a year to support developing countries in mitigating and adapting to climate change, lagging even before the COVID-19 pandemic, requires urgent action, according to a new report by independent experts released today by the United Nations. Since economic distress is now acute, and […]

Climate Finance Increasing Debt In Poorer Nations, Oxfam Report Finds

3 Mins Read The real value of support provided by developed countries to help poorer nations respond to the climate crisis is far lower than what has been reported, according to a new Oxfam report. It finds that the real figure could be as low as a third of the amount donors stated, and that because the financing […]

BlackRock Punishes 53 Companies Over Carbon Emissions, 191 On Watchlist

2 Mins Read BlackRock, the world’s largest asset manager, has just revealed that it has punished 53 companies in its portfolio over climate inaction. The move is a part of the firm’s ramping up of its climate engagement with businesses after it joined the Climate Action 100+ pact earlier this year. Among the companies that BlackRock has taken […]

How Financial Markets Can Grow More Climate Savvy

3 Mins Read By: Jenessa Duncombe Take extreme weather risks into account, and markets could prove hardier in a changing world. Energy investors looking to steel themselves against topsy-turvy market transitions could try something new: factoring extreme weather risks into their investments. At present, financial markets may be failing to account for the physical risks of extreme weather from […]