The Institute for Energy Economics and Financial Analysis (IEEFA) has recommended improvements for the Science Based Targets initiative’s (SBTi’s) draft standards for financial institutions.
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More investors sell their shares in Adani Group as the firm continues to use green money to finance one of the world’s largest coal mines.
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GFANZ criticisms raise fossil fuel divestment debate January 25, 2023 Concerns over greenwashing, and the current reality of fossil fuel investment and divestment, have been raised again in an analysis of the Glasgow Financial Alliance for Net Zero (GFANZ) by a collective of 15 NGOs under the banner of NGO and think tank Reclaim Finance. […]
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Report: Fossil fuel bank lending could torpedo capital markets Rules governing lending to fossil fuel-intensive companies need tightening to protect investors and the financial stability of capital markets, a report has warned. In its report, Breaking the Climate Finance Doom Loop, the Finance Watch lobbying group said action taken by regulators to date had been […]
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