BlackRock CEO calls for stronger climate finance plan at G20 meet

BlackRock chief executive Larry Fink on Sunday (July 11) called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy. Speaking to The Venice International Conference on Climate at a meeting of G-20 Finance Ministers, he said without such a plan, […]

Third of low-carbon funds invest in oil and gas stocks

Analysis highlights potential mismatch between investor expectations of green funds and reality A third of climate funds sold in the UK are invested in oil and gas companies, according to research that highlights concerns that investors could be misled by sustainable investment products. The analysis by leftwing think-tank Common Wealth also found that low-carbon funds […]