On November 14, 2024, His Majesty’s Treasury (HM Treasury) announced the establishment of a regulatory framework for environmental, social, and governance (ESG) rating providers in the United Kingdom. This initiative aims to enhance transparency, reduce greenwashing, and increase investor confidence in ESG ratings. ESG rating providers will now be required to obtain authorization from the […]

On May 16, 2024, Finance Montréal announced the successful conclusion of the 4th edition of the Sustainable Finance Summit, held on May 14 and 15. This event brought together over 650 financial sector professionals, government representatives, civil society experts, academics, and business leaders, all committed to transforming global finance in response to climate and environmental

According to a report by Mordor Intelligence, the sustainable finance market is estimated at USD 8.5 trillion in 2024 and is projected to reach USD 22.19 trillion by 2029, with a compound annual growth rate (CAGR) of 21.15% during the forecast period 2024-2029. This expansion is attributed to growing investor demand for financial products incorporating

On October 8, 2024, Sustainability Magazine published an article titled “A&M: Trends in Sustainable Supply Chain Financing,” highlighting Alvarez & Marsal’s (A&M) analysis of the rise of sustainable supply chain financing (SCF) in the global banking sector. A&M defines SCF as a set of financing and risk management practices designed to improve working capital and

On October 13, 2024, Sefarad reported that China issued a directive introducing 19 key measures to develop green finance, aiming to promote sustainable growth. This initiative targets critical sectors such as the ecological development of industries and ecosystem protection, with the goal of establishing a foundation for a more environmentally friendly China. The guidelines, jointly