EU-regulated "sustainable" funds invest billions in polluting companies, including fast fashion and fossil fuel firms, misleading investors about their environmental...
Since the UK announced its plan to introduce a green taxonomy, more than 20 taxonomies have been announced or implemented around the world, according to the Green Finance Institute (GFI).The UK may be lagging behind jurisdictions such as the EU on implementing a taxonomy, but this has enabled the UK to observe issues that the EU has experienced, said Ryan Jude, green taxonomy programme director at the GFI.“We can understand teething problems that have been experienced in the EU. We can also take the positives from the EU, and make...
Recent advancements in artificial intelligence—including machine learning and natural language processing—can be powerful tools for sustainability-focused investors, as an array...
The Brexit agreement between the EU and the UK controversially did not include any commitments on financial services, although the then prime minister Boris Johnson said it would be preferable if it had done so.However, the trade agreement was accompanied by a (political rather than legal) joint declaration committing the two sides to agree a memorandum of understanding on financial services regulatory cooperation by March 2021.The MoU was duly agreed but has since existed in limbo, having not been formally signed off by the EU’s institutions.Costs will increase for cross-border firms...