Central banks & regulators

Abrdn, Federated Hermes and Aviva join effort to remove barriers to private finance support for UK government nature recovery plans.

The latest developments in sustainable finance: France’s Say on Climate law gains support from parliamentary parties; $15trn investor coalition engages fast food companies on antibiotics.

President of German regulator calls for disclosures to make it easier to identify green and transitioning firms, and whether taxonomy-compliant products include nuclear or gas.

The latest developments in sustainable finance: IFoA says actuaries need to step up to improve climate scenario models; Border to Coast launches Just Transition engagement programme.

Broad welcome for some simplifications, but concerns remain around data for social PAIs and conflict with Level 1 review.

Unlike comparable frameworks, it will not include gas, nuclear or coal phase-outs.

News comes as the FCA issues stern warning over quality issues and possible conflicts of interest in sustainability-linked loan market.

The central bank is separately seeking feedback on provisional criteria for coal phase-outs under its incoming taxonomy.

Bank of England to publish transition plan next week; Columbia Threadneedle, Algebris launch sustainable bond funds.

Industry associations also condemn proposals to water down protections, which are intended to improve the country’s attractiveness for IPOs.