Breaking news – Sustainable Finance

What’s new in sustainable finance?

Every week, Carbon4 Finance shares the latest headlines in sustainable finance.

Fossil fuel developers were finally excluded from the ISR Label. The eligibility of funds will exclude companies exploiting coal or non-conventional hydrocarbons, as well as those launching new projects for the exploration, exploitation or refining of hydrocarbons (oil or gas).

The European Commission published its annual budget agreement for 2024. €2.4 billion will be dedicated to environment and climate action of which €765 million for the LIFE program to support climate change mitigation and adaptation, and €1.5 billion for the Just Transition Fund to make sure that the green transition works for all.

BSIF II, the British Sustainable Infrastructure Fund II from Gresham House has raised £450m to accelerate the deployment of infrastructure asset-based solutions for environmental and social challenges faced in the UK.

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