Central banks & regulators

Government's independent advisory committee set to co-ordinate with BaFin and finance ministry to address legal concerns around acting in concert.

The move has been opposed by right-wing politicians.

German and Belgian pension associations dispute low grade as InfluenceMap calls for greater engagement on sustainable finance policy

Schemes call for action on infrastructure investment and simplified reporting, but warn that new policy initiatives may not be needed.

Germany raises international biodiversity funding to €1.5bn per year; Uruguay publishes sovereign sustainability-linked framework with nature KPI; investors write to finance ministers.

Quality of emissions reporting is key in climate tilt to European Central Bank’s corporate bond purchases.

German regulator is receiving few applications for strictest sustainable label due to poor disclosures, says Mark Branson.

It is based on the newest set of central bank climate scenarios to be published in a year.

New signatories include NatWest and HSBC UK pension schemes, BNP Paribas AM, Allianz Global Investors and Northern Trust.

Investor Policy Dialogue on Deforestation is also engaging on the topic, says it is in Brazil’s national interest to enforce legislation.