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ING first globally important bank to meet climate watchdog

by AIP Online Bureau | Mar 27, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“As the first global systemically important bank with a validated science-based target, ING is showing how large financial institutions can support climate stabilization in the real economy,” Nate Aden, head of Financial Standards at the Science-Based Targets...
RBI Gov urges common pool of climate-focused projects to enhance financing

RBI Gov urges common pool of climate-focused projects to enhance financing

by AIP Online Bureau | Mar 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India (RBI) event in Delhi, Malhotra said one of the major constraints in having sufficient climate-related financing is the lack of projects with a high probability of repayment New Delhi: Indian banks and...

Europe’s insurers may face new capital rules for climate risk

by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life

The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...

Morgan Stanley to leave sector climate coalition

by AIP Online Bureau | Jan 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

“These exits reveal the inadequacy of voluntary commitments and underscore the urgent need for state-level leadership and regulation,” Vanessa Fajans-Turner, executive director of Environmental Advocates NY, said in a statement LONDON: Investment bank...

2024 missed the climate moment but all’s not lost

by AIP Online Bureau | Dec 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Policy

Fossil fuels are the main culprit, accounting for over 75 per cent of global GHG emissions, but ditching them for renewable energy is easier said than done, especially for poor countries in the Global South. They depend on them for jobs and cheap energy, and lack...
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