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UN Pushes ESG Agenda in Credit Rating
June 14, 2016
As part of the UN's efforts to advance its environmental and social agendas in the financial industry, a group of credit rating agencies have signed a statement from the UN's Principles for Responsible Investment pledging to consider environmental, social, and governance (ESG) factors in their decisions on creditworthiness.
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NGO Warns of Climate Risks in Housing Sector
June 13, 2016
The nongovernmental organization Climate Institute has called on the Australian national, state, and local governments to lead efforts toward publicizing information it says insurers and banks are secretly holding regarding costly risks of climate change to homeowners in the country.
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UN Partners with Bank on Green Bond System
June 13, 2016
Bloomberg reports that the UN is partnering with French bank BNP Paribas to develop a credible market for "green bonds," which fund projects that use renewable energy to counter climate change.
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Dutch Company Puts Price on Carbon Emissions
June 13, 2016
The World Bank has published an article lauding Dutch company Royal DSM for placing an "internal" price on its carbon emissions as part of an effort to reduce its contribution to global warming.
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World Bank Highlights Revenue from Carbon Taxation
June 10, 2016
In its most recent Carbon Pricing Watch report, the World Bank Group pointed to large amounts of revenue governments around the world have generated by taxing corporations for the amount of carbon emissions they generate.
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