Entries for 'Sustainable Finance'
June 25, 2024
Agriculture is is around 4% of the global economy, with over half of global production coming from China, India, and the U.S. Given the growing policy focus on this vital sector, we are launching a new IIF Sustainable Agriculture Working Group.
June 18, 2024
AI’s ability to source and process mass data is a game-changer for sustainability impact analysis, compliance, and innovation. The AI toolkit can help improve metrics and reduce the cost of compliance, e.g. in ESG disclosure and risk management.
June 11, 2024
2024 is poised for strong growth in clean energy investment, with continued support from the U.S. Inflation Reduction Act (IRA), the EU Green Deal, and similar incentive schemes around the world.
June 7, 2024
As investors increasingly recognize the financial wisdom of embracing sustainability and a net zero economy, the opportunities and challenges inherent in this journey are becoming more and more apparent. We are pleased to offer in collaboration with our research partner, Pictet Asset Management, valuable insights into the potential risks and hazards that could come alongside the energy transition.
June 3, 2024
Demand for voluntary carbon credits has continued to pick up in 2024, with year-to-date retirement levels reaching record highs. However, new supply has not kept pace—issuance in voluntary carbon markets has remained on par with levels seen in 2022-23, well below the record high levels seen in 2021.
May 30, 2024
The ESG debt universe topped $6.3 trillion in Q1, up from $5.1 trillion a year ago and is expected to surpass $6.5 trillion by mid-2024. While early Q2 has been slower, the first three months of 2024 saw a sharp rebound in ESG debt issuance, coming in at over $350 billion—the majority in green bonds.
May 30, 2024
Achieving a net-zero global economy by 2050 will require significant financial investment in emerging markets and developing countries—which by 2050 will represent a much larger portion of the global economy and population than today.
May 16, 2024
To gain greater insights on transition plan development across the global banking sector, Deloitte and the IIF have collaborated to map out the current ‘state of play’ in this evolving area, through interviews with a sample of bank executives and research into initial transition plan disclosures.
April 25, 2024
The IIF hosted its 2024 IIF Spring Meetings between April 15-22, alongside the IMF / World Bank Spring Meetings in Washington, DC.
April 23, 2024
On Thursday, April 18, the IIF submitted a comment letter in response to a European Banking Authority (EBA) Consultation Paper on Draft Guidelines on the management of ESG risks.
April 17, 2024
The Institute of International Finance (IIF) has published it's Sustainable Finance Monitor - April 2024
April 11, 2024
In light of the 2024 Spring Meetings of the International Monetary Fund and World Bank Group, this letter sets out private sector perspectives on the G20-IMF-World Bank convened Global Sovereign Debt Roundtable to expedite a predictable and orderly debt restructuring process.
April 4, 2024
Transitioning towards a sustainable agricultural system is crucial to address biodiversity loss and nature-related risks on the path to a net-zero economy. This shift will be quite challenging—perhaps even more so than the clean energy transition—given that over 330 million people across 78 countries are currently facing an acute level of food insecurity.
March 28, 2024
Nature and biodiversity are emerging as critical areas of market focus, attracting increasing attention from corporates, financial institutions, and policymakers.
March 14, 2024
Global climate flows surpassed $2 trillion in 2023—up from $1.4 trillion in 2022. While still well short of the estimated $8.1 trillion annual pace needed to achieve net-zero emissions by 2050, the pickup reflects the strong growth in climate finance commitments in recent years.
February 28, 2024
Early 2024 saw a sharp surge in ESG fund flows, driven by a rally in tech shares (which are heavily weighted in ESG indices given their high ESG scores). In February, inflows to ESG fixed income funds reached their highest in over a year. Looking ahead, a synchronized series of rate cuts by major central banks could have a positive impact on ESG fund flows, particularly in the second half of 2024.
February 6, 2024
The ESG-labelled debt universe grew by 25% in 2023, nearing $6 trillion. However, this is still less than 2% of the global debt universe—policy support, including from the G20 Brazil Presidency, could support substantial market expansion.
January 31, 2024
Beyond carbon emissions, addressing methane emissions is vital for achieving a net-zero economy by 2050. Despite increasing pledges to reduce methane emissions, these efforts have been limited in scope due to the wide range of emission sources (making standardized solutions difficult) and the high cost of financing emissions reductions.
January 18, 2024
Demand for voluntary carbon credits (VCC) reached an all-time high in December 2023, reflecting the exponential increase in corporate climate commitments. Under favorable market conditions, and as the policy drivers for a net-zero economy take shape, annual demand for retiring VCCs is projected to surpass $3 trillion by 2030–a sharp increase from less than $0.8 billion in 2023.
December 19, 2023
On Monday, December 18, the IIF submitted a response to the Monetary Authority of Singapore (MAS) Consultation on Transition Planning Guidelines for Financial Institutions.