UK climate tech venture investor Clean Growth Fund has raised £49 million ($57 million) from the first close of its second vehicle after receiving investments from several pension schemes.

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German sustainability-focused bank UmweltBank has launched a passively managed €50 million ($58 million) dedicated green and social bond exchange-traded fund (ETF).

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The UN Environment Programme Finance Initiative (UNEP FI) has launched a consultation on proposed guidance for banks setting nature impact targets.

The EU's ESG ratings regulation has already contributed to improvements in transparency and comparability of products, according to a manager at PwC.

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A UK government-backed group has launched draft guidance it says can give legitimacy to claims of financing companies in transition, to help grow investment and lending to high-emitting sectors ...

The Bank of England has been criticised for its failure to advance its work on climate risk despite identifying it as a threat to the UK financial system, as WWF urged it to update scenario analysis ...

Discussion around how to correlate the societal and economic benefits of social finance is needed to help scale the market, according to Swedish municipal funding firm Kommuninvest.

Sosteneo, the greenfield infrastructure investment manager of Generali Investments, has closed its maiden fund with €620 million ($720 million) in capital commitments, and announced it will launch a ...

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