Six ways to fix sustainable finance

Sustainable finance’s biggest problems, by the people who know best

Sustainable finance’s biggest problems, by the people who know best

December 03, 2019
By HELEN AVERY

Leading bankers in sustainable finance fear that, despite the advances and the rhetoric, the industry is not moving quickly enough. Euromoney asked 20 regional and global heads of sustainable finance for their views: what the experts think might surprise you.

1: Join the PRB

1: Join the PRB

December 03, 2019
By HELEN AVERY

What needs to happen for sustainability to be adopted by mainstream finance and move beyond the realm of pledges, panels and press releases? The first of our six recommendations is for banks to sign up to the Principles for Responsible Banking (PRB).

2: Mandate TCFD

2: Mandate TCFD

December 03, 2019
By HELEN AVERY

The second of our six proposals to make sustainable finance work is for firms to mandate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

3: Standardize climate risk measurements

3: Standardize climate risk measurements

December 03, 2019
By HELEN AVERY

Euromoney has spoken to 20 sustainable finance experts about what is needed to make efforts more effective. The third of our six recommendations is to push for the standardization of climate risk measurements.

4: Develop transition finance

4: Develop transition finance

December 03, 2019
By HELEN AVERY

Euromoney has drawn up six recommendations for the sustainable finance sector, based on the views of 20 experts in the field. The fourth of our six proposals is to develop transition finance.

5: Target deforestation reduction

5: Target deforestation reduction

December 03, 2019
By HELEN AVERY

How can sustainable finance be moved into the mainstream and made to work better? The fifth of our six recommendations is to target deforestation reduction.

6: Incentivize green finance

6: Incentivize green finance

December 03, 2019
By HELEN AVERY

Euromoney has spoken to 20 sustainable finance experts about what is needed to bring about real progress. The last of our six recommendations is for efforts to be made to incentivize green finance.

BlackRock needs to walk the walk on climate change

BlackRock needs to walk the walk on climate change

January 22, 2020

The asset manager has decided to pull investment from firms that don’t make sufficient progress on ESG disclosure while it routinely votes against climate-related shareholder resolutions itself.

Getting honest about sustainability

Getting honest about sustainability

December 18, 2019

The needle may slowly be moving, but if we continue at this pace sustainable finance will still be a niche rather than integrated into all finance by the end of the century.

Russia Inc focuses on ESG

Russia Inc focuses on ESG

December 05, 2019
By LUCY FITZGEORGE-PARKER

Sustainable financing is gaining ground in corporate Russia as firms look to improve their environmental, social and governance policies ‒ but can the country’s notorious polluters really go green?

Investment: The UK’s push for impact

Investment: The UK’s push for impact

November 27, 2019
By HELEN AVERY

Year after year, research highlights the gap between what impact investment consumers want and what they are being offered by advisers, banks and pension funds.

Conservation finance: Costa Rica costs its success

Conservation finance: Costa Rica costs its success

October 10, 2019
By ROB DWYER

The Latin American nation has gone all-out to rebuild its natural environment over the last three decades, with great results – now it needs the rest of the world to pay attention.

Chile conservation: Project finance for permanence

Chile conservation: Project finance for permanence

October 10, 2019
By HELEN AVERY

Using a model of up-front financing for large one-off projects, project finance for permanence may be the mechanism that can help reach the goal of 50% of the planet’s natural areas being protected in perpetuity.

Conservation finance: Seychelles' troubled waters

Conservation finance: Seychelles' troubled waters

October 10, 2019
By KANIKA SAIGAL

The Seychelles was the first country to issue a debt-for-nature swap to protect its marine environment; it was also the first to issue a blue bond, raising capital to finance sustainable marine and ocean-related projects.

Special focus

SME financing: special focus

SME financing: special focus

March 25, 2019

The vexed battle to finance small and medium-sized enterprises (SMEs) continues amid risk aversion, economic weakness, new regulations and banks’ balance-sheet repair.