Infrastructure Faces $600B Hit in Worst-Case Climate Shift: Study December 13, 2023 By Katy Daigle and Simon Jessop Infrastructure investors face losing nearly a third of their money, or around $600 billion, if countries do not plan for...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets December 12, 2023 By Katy Daigle and Simon Jessop As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days....
Climate Finance Takes Center Stage at COP28 Climate Talks December 4, 2023 By Simon Jessop, Maha El Dahan and Hadeel Al Sayegh Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning...
Insurance, Cat Bonds Can Help Boost Poorer Countries’ Resilience to Climate Risks December 1, 2023 By Alessandro Parodi, Simon Jessop and Libby George Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the...
Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund November 28, 2023 By Tommy Wilkes and Simon Jessop Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising...
Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group October 20, 2023 By Tommy Wilkes and Simon Jessop Fewer than one in five of the world’s biggest polluting companies have short-term emissions reductions targets in line with keeping...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...
New G20-Backed Global Rules Aim to Clamp Down on Corporate Greenwashing June 26, 2023 By Huw Jones and Simon Jessop Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global...
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance April 19, 2023 By Tom Sims and Simon Jessop German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing...
Finance Firms Managing $136T in Assets Urge Boards for More Environmental Data March 13, 2023 By Virginia Furness and Simon Jessop Financial institutions managing $136 trillion in assets will this week call on companies to share more data on their environmental...