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Green taxonomy proposal may overcome Canada's climate finance impasse

Corporate Knights

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition. The EU’s taxonomy has been particularly controversial because of its inclusion of natural gas and nuclear as “green investments.”

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EC Leaning Toward New SFDR Categories

Chris Hall

Investors have been in limbo for six months about the future of the regulation, which provides guidelines on the disclosures required of green investment vehicles. ESMA is expected to publish further SFDR guidance and a Q&A document next year.

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TNFD: A Pivot Point for Nature

Chris Hall

Finally, it is expected that the FCA will issue a policy statement document for its Sustainable Disclosure Regime (SDR) following on from earlier publications of DP21/04 and CP22/20. A status update was published on 27 July 2023 stating that the final version of the disclosure framework could become available as early as October 2023.

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Women are leading in the fight against climate change. By joining forces, we can amplify that impact

We Mean Business Coalition

document states: “This next round of national climate plans … will be amongst the most important policy documents produced this century”. degrees Celsius. Anything else will be catastrophic. As a recent U.N. The climate space urgently needs more of the qualities that women leadership can bring.

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How Green are Recycled Funds?

Chris Hall

Asset managers decide to re-label existing funds as green investment vehicles for two reasons, according to Paul Lacroix, Head of Structuring at Smart Beta specialist investment firm Ossiam, an affiliate of Natixis. The first is client demand for investment solutions that are ESG-based,” he tells ESG Investor.

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Take Five: Nature Takes New York

Chris Hall

The summit’s delegates and documentation admitted there was little new on the agenda, consensus having been reached on the need to reform the global financial architecture , but were consistent in their calls for “a political push to achieve sufficiently ambitious outcomes”.

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Take Five: IPCC Chair Issues Spoiler Alert

Chris Hall

IPCC Chair Hoesung Lee said it would become “a fundamental policy document for shaping climate action in the remainder of this pivotal decade”. Taxed by taxonomies – While we at least now know the UK taxonomy won’t be following the science , similar frameworks to guide green investment are further advanced elsewhere.