Funds

The latest developments in sustainable finance: fossil fuel subsidies reached record $7trn in 2022, finds IMF; Rize ETF launches two Article 9 sustainable thematic funds.

The latest developments in sustainable finance: Moody's and Fitch to continue including ESG scores in credit rating reports; UKSIF backs sustainability disclosure regime for UK.

Gender fund downgrades from Article 9 as market participants flag issues with diversity strategies.

The latest developments in sustainable finance: ASFI announces 25 senior leaders for taxonomy technical expert group; New Zealand issues temporary GHG assurance standard.

It includes thresholds on asset allocation, and disclosure of ESG scores and stewardship performance.

The latest developments in sustainable finance: Mauderer to push for inclusive transition as NGFS chair; UK businesses call on government to maintain net-zero commitment.

State Street, PGIM and T Rowe Price join pushback against proposed reforms to regulation.

The latest developments in sustainable finance: ECB says carbon pricing mechanisms could hinder green transition; UNDP to address sustainability assurance.

Aristata Capital said one case financed through the fund has already been resolved successfully.

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.