ECB's Lagarde calls for more adaptation finance, warning floods will leave 'regions uninsurable'

Tokyo Metropolitan Government plots €300m resilience bond

The Tokyo Metropolitan Government plans to launch a €300 million ($344 million) 'resilience bond' this autumn, aimed at tackling storm and flood risk, Environmental Finance has learned.

GPIF vows to improve tracking of asset managers' stewardship activities

Japan's Government Pension Investment Fund (GPIF) has signalled it will step up supervision of its asset managers including by establishing a database to track their stewardship activities and outcomes.

GSAM: 'Compelling' EM sustainable bond opportunity, but 'strong engagement' needed

Goldman Sachs Asset Management (GSAM) said emerging market (EM) sustainable bonds offer a "compelling" investment opportunity for fixed income investors, but a nuanced approach with a "strong engagement effort" will be required to deliver investment and impact promise.

Bregal Sphere backs Peruvian reforestation project

Bregal Sphere, the impact investing arm of private equity firm Bregal Investments, has invested an undisclosed sum in Latin American agroforestry and reforestation initiative Jubilación Segura.

Octopus Energy backs African renewables with new fund