Khalid Azizuddin
Leaked documents have signalled the direction of future EU prudential rules around climate.
Accusations by Republicans of links to foreign governments and anti-fossil fuel bias coincide with announcement by the SBTi of separation of standard-setting and validation arms.
MSCI says new rules would be 'extraordinary level of intrusion' into pricing mechanism, RepRisk flags risk of raising barriers to market entry.
The exchange has told companies to start working on climate transition plans.
ECB vice-president Luis de Guindos called for progress on an EU capital markets union to raise climate financing.
The green supervisory group predicted that anti-ESG litigation could taper off as climate change risks materialise.
Around 1,800 EU ESG funds have invested in nuclear energy companies aligned to the taxonomy.
The initiative will complement the region’s green taxonomy, currently in draft stage.
Kiwi banks lag on climate disclosures; FCA to consult on ESG disclosures for securitisation market.
The target-setting framework has soared in popularity despite concerns over governance and methodology.