European Central Bank Introduces Climate Factor to Safeguard Eurosystem The European Central Bank (ECB) will integrate a “climate factor” into its collateral framework to manage the financial risks of the EU’s low-carbon transition. The move aims to protect the Eurosystem against sudden declines in collateral value caused by adverse climate-related
Key Points: Growing Anti-ESG Pressure State treasurers and financial officers from Alabama, Alaska, Arizona, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, Oklahoma, South Carolina, Pennsylvania, Utah, West Virginia, and Wyoming have escalated their campaign against ESG investing. In letters to CEOs of BlackRock, JPMorgan
Key Points: Strengthening Global Tax Cooperation The United Nations has appointed 25 experts to its Committee on International Cooperation in Tax Matters for 2025–2029. The experts will help countries design tax systems that advance social, environmental, and economic goals while addressing challenges like the digital economy, climate transition, and inequality.
Key Impact Points: Green Impact Exchange Appoints Five New Board Members to Lead U.S. Sustainability-Focused Stock Market The Green Impact Exchange (GIX), the first U.S. stock exchange dedicated to the $50 trillion sustainability economy, has appointed five new board members across its parent company and the exchange board. The additions
Key Impact Points: US Clean Energy Enters New Era as Federal Support Shrinks The US clean energy sector is bracing for sharp policy reversals as Congress passes the “One Big, Beautiful Bill,” a sweeping legislative package that curtails many tax credits created under the Inflation Reduction Act (IRA). While some
Key Impact Points: Standard Chartered Launches Sustainable Escrow and Account Bank Solution Standard Chartered has introduced a Sustainable Escrow and Account Bank solution, enabling clients to hold funds in escrow or secured accounts directly tied to the bank’s portfolio of sustainable loans and projects. The funds are aligned with Standard
Key Impact Points: Landmark Financing Ushers in Scalable Nature-Based Carbon Projects Chestnut Carbon has announced the closing of a groundbreaking $210 million non-recourse credit facility—the first bank financing of its kind for a U.S. afforestation project in the voluntary carbon market. The transaction, led by J.P. Morgan with syndicate partners
Key Impact Points: China Poised to Lead Green Bond Market in 2025 China is on track to become the world’s top green bond issuer this year, amid a decline in U.S. issuance driven by political climate hostility, according to the Climate Bonds Initiative. “China will definitely be the world’s largest
Key Impact Points: UN’s Gold Standard Publishes Engineered Carbon Removal Guidelines to Accelerate High-Integrity Projects Gold Standard has released its Engineered Removals Activity Requirements, a comprehensive framework to guide high-integrity engineered carbon dioxide removal (CDR) projects toward certification. The publication marks a major expansion of the NGO’s efforts to bring
By Equities Editors Desk When Charles Dolan set out to build a stock exchange, it wasn’t just to create another marketplace for buying and selling equities. As president of the Green Impact Exchange (GIX), Dolan is leading an ambitious effort to reimagine what a stock exchange can be, placing environmental sustainability not on
