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Today, the NGFS published a “Statement on Nature-related financial risks”, which acknowledges that nature-related risks, including those associated with biodiversity loss, could have significant macroeconomic implications, and that failure to account for, mitigate, and adapt to these implications is a source of risks relevant for financial stability.
China’s central and local governments have barely made a start in trying to clean up the country’s heavily polluted water, despite fast-approaching deadlines for improvements and the launch of a comprehensive “ten point plan” over a year ago.Behind the apparent inertia is a lattice of overlapping responsibilities in government departments, contradictory statements from
Where do the borders of ESG lie – now and in the future? Investors from the US to China are revisiting these questions and finding thorny and often unpalatable answers, even as they dump Russian assets for ethical reasons. The results are set to shape the financial world’s relationship with sustainability for years to come.
GE Gas Power and Harbin Electric today announced that Chinese state-owned power utility Shenzhen Energy Group Corporation Co., Ltd. has...
A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three