Financial Industry, With $130 Trillion, to Pursue Climate Goals – The New York Times
A coalition of the world’s biggest investors, banks and insurers that collectively control $130 trillion in assets said on Wednesday that they were committing to use that capital to hit net zero emissions targets in their investments by 2050, in a push that would make limiting climate change a central focus of most major financial […]
B3 to introduce EURO STOXX 50 and DAX Derivatives as Qontigo grows its footprint in South America – PRNewswire
ZUG, Switzerland and SAO PAULO, Nov. 3, 2021 /PRNewswire/ — Qontigo and B3 announced that Qontigo has licensed two flagship European indices to be listed as futures contracts on the Brazilian exchange. The EURO STOXX 50 Index and the DAX Index will serve as underlyings for equity index derivatives, making these indices available to Brazilian investors for the […]
How To Make the Green Finance Market Flourish – International Banker
By Robin Penfold, partner at UK law firm TLT Momentum is building around green finance. According to recent UN estimates, the value of sustainable financial products such as green bonds and sustainable funds hit $3.2trn in 2020 – an increase of more than 80% compared to the previous year1UNCTAD With attention focussing on ramping up […]
UK Crypto Derivatives Ban Doesn’t Protect Retail Investors – Bollyinside – BollyInside
In a sign of how accessible digital assets have become even to retail buyers, US regulators last month authorised the country’s first crypto derivative ETF, for bitcoin, the most popular digital currency. In giving permission, officials followed their counterparts in jurisdictions as diverse as Canada, Germany, Dubai and Brazil. Until a few years ago, most […]
Britain to set out how finance can help meet net-zero goals – Reuters
Transition plans for listed companies and asset managers Britain to set out transition pathway for finance in 2022 New task force to set ‘gold standard’ for transition plans LONDON, Nov 3 (Reuters) – British finance minister Rishi Sunak will tell companies on Wednesday to set out plans by 2023 for a transition to a low-carbon […]
UK crypto derivatives ban fails to protect retail investors – Financial Times
The valuation of cryptocurrencies has increased dramatically in the past 12 months, as has their adoption by investors around the world — individuals as well as institutions. Until a few years ago, most retail investors would have required the use of a broker or investment professional to handle their investments. Today, consumers flock to apps […]
The uses and abuses of green finance – The Economist
Nov 3rd 2021 THE COP26 summit in Glasgow is, alas, shaping up to be a disappointment. The hope that emerging markets, which belch out much of the world’s greenhouse gases, would announce ambitious proposals is being dashed. The plans of China, India and Brazil all underwhelm. There is no sign this will be the COP […]
