What is ‘green capitalism’ and can it tackle the climate crisis?
It remains to be seen if capitalism – or a version of it – can adequately facilitate the shift towards a global green economy.
View ArticleIs Barclays really moving away from fossil fuels?
Barclays decision to no longer finance new oil and gas fields is a positive development, but it comes with major caveats.
View ArticleUS state pensions risk “hard earned savings” by ignoring climate risks
US state pension funds’ failure to address climate-related financial risks raises “serious concerns” about their execution of fiduciary duty.
View ArticleHow clean cooking has ‘moved to the top of the energy agenda’
Policymakers and businesses are finally realising that clean cookstoves are a huge business opportunity as well as a solvable problem.
View ArticleVenture capital funding for decarbonisation has stalled since 2022 – report
After record investments in 2022, decarbonisation-related deals and venture capital crashed in 2023, reflecting a poor economic outlook.
View ArticleWhat are sustainability-linked loans and why are they struggling?
Sustainability-linked loans were once the darling of green banking, but, faced with greenwashing allegations, they are falling out of favour.
View ArticleSupport for ESG proposals plummeted last year – new report
Support for ESG proposals plummeted last year, though anti-ESG proposals are still struggling to gain a foothold at 204 proxy season
View ArticleInside Estonia’s green energy push to attract investment
Joonas Vänto from Invest in Estonia discusses which are the country’s options for spurring investment in energy-heavy industries.
View ArticleCitigroup follows JPMorgan by agreeing to disclose green financing ratio
Two major US banks have agreed to disclose their green financing ratios, in response to shareholder resolutions
View ArticleDaily Chart: G20 spends three-times as much on fossil fuels as clean power
New data reveals that G20 countries gave much more in public finance to fossil fuels compared with clean power between 2020 and 2022.
View ArticleWeekly data: majority of insurers lack robust net-zero targets
A new report reveals that less than half (45%) of insurers have set a net-zero target for their underwriting activities
View ArticleBanking on sustainable finance for key business wins
Discussion around transitioning to sustainable finance has become a popular one following the approval of the EU Green Deal.
View ArticleCan innovative financial instruments help Asia’s green transition?
ABAC's recommended financial tools to tackle the green transition have been subject to criticism from environmental groups in the past.
View Article