Breaking news – Sustainable Finance

What’s new in sustainable finance?

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

The European Central Bank warns finance executives of their responsibility in addressing the industry's inadequate management of climate risks. Frank Elderson of the ECB notes that banks slow to address these risks may face daily penalties until compliance with risk management requirements is achieved.

Investments in SFDR Article 8 and Article 9 Funds are experiencing significant growth, as highlighted in a report by EFAMA titled "UCITS ETFs: A Growing Market in Times of Volatility." The analysis underscores the resilience and expansion of the European ETF market, particularly the increasing interest in sustainable investments, with a steady rise in net flows to Article 8 and Article 9 funds since the implementation of SFDR in March 2021.

The UN-Convened Net-Zero Asset Owner Alliance (NZAOA) representing US$ 9.5 Trillion in asset under management has published a discussion paper, urging asset managers to adopt transparent and outcomes-oriented climate engagement strategies aligned with their clients' net-zero goals.

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