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The study finds that Sweden experienced faster green bond growth than Norway, particularly in the corporate and municipal sectors, due to a stronger sustainability focus in business culture and a more diversified corporate sector. In contrast, Norway's market was hindered by competition from oil, gas, and shipping investments, a green energy sector that viewed green bonds as unnecessary, and small municipal sizes.

The Framework for Sustainable Finance Integrity provides a technical set of 'Necessary Action' metrics across three categories—targets and objectives, implementation, and metrics and transparency—to align the financial sector with the 1.5°C goal of the Paris Agreement. It identifies significant gaps between current leading practices of major financial coalitions and the scientific requirements for a viable net zero pathway, particularly regarding short-term emissions targets, the phase-out of all fossil fuel finance, and the integration of social justice and biodiversity into financial mandates.

The document analyzes the EU's Carbon Border Adjustment Mechanism (CBAM) as a shift in climate policy toward trade and economic levers. It highlights the growth of carbon pricing globally, including the EU ETS and China's national ETS, and suggests that COP26 should be used to establish a 'green window' for preferential treatment of green goods and a mechanism to allocate CBAM revenues to vulnerable countries to ensure a just transition.

The mid-term evaluation of the GEF6-PdP project indicates a satisfactory overall performance, with significant achievements in operationalizing the wider Patrimonio Natural del Perú (PdP) Initiative and strengthening institutional capacities within SERNANP. The project has successfully signed a Single Close Agreement (MoU) and identified seven key financial mechanisms to diversify revenue streams. However, the evaluation highlights critical gaps in inter-sectoral coordination, the lack of a formal participation strategy for local and indigenous communities, and delays caused by the COVID-19 pandemic. While institutional ownership is high, the project's sustainability is threatened by political instability and a lack of a national sustainable financing policy. The evaluation recommends prioritizing the update of SERNANP's Strategic Plan and developing a more robust, participatory methodology for stakeholder engagement.

The Climate Bonds Initiative (CBI) proposes a certification framework to ensure company decarbonisation is rapid and robust enough to align with the Paris Agreement. The proposal introduces five 'hallmarks' of a credibly transitioning company: Paris-aligned targets, robust plans, implementation action, internal monitoring, and external reporting. This framework aims to bridge the gap between light-touch market guidance and overly complex entity-level assessments. CBI suggests differentiating between 'Green Transition' (already aligned with sectoral pathways) and 'Interim Transition' (catching up, with a proposed grace period until 2025). The framework emphasizes absolute measures tied to common sectoral transition pathways over relative 'best-in-class' benchmarking and requires the inclusion of scope 1, 2, and 3 emissions.

The briefing argues that Brazil's new railroad authorization system, designed to streamline private sector infrastructure grants, lacks the necessary procedural clarity and transparency to ensure adequate socio-environmental oversight. It identifies critical gaps in the requirements for technical studies, the autonomy of the analyzing authority, and the public disclosure of project data, proposing specific amendments to PL no. 261/2018 to mitigate these risks.

Reclaim Finance argues that the NGFS's June 2021 climate scenarios are unrealistic and risky because they rely too heavily on carbon capture and storage (CCS) and fail to mandate an end to fossil fuel investments. The document warns that these scenarios, which are used by European and British regulators, could lead financial institutions to fund stranded assets and non-sustainable biomass, ultimately pushing global warming beyond 1.5°C. It calls for the NGFS to align with IEA recommendations by requiring an immediate stop to new coal, oil, and gas projects.

Reclaim Finance criticizes the NGFS's June 2021 climate scenarios for failing to provide realistic 1.5°C pathways. The organization argues that the scenarios rely too heavily on carbon capture and storage (CCS) and fail to mandate an end to fossil fuel investments, which could lead to stranded assets and global warming overshoot. Reclaim Finance recommends that the NGFS align its forecasts with an immediate end to new fossil fuel projects and adopt a precautionary approach to biomass and carbon dioxide removal.

The document provides comprehensive brand guidelines for GreenCape to ensure visual consistency across all communications. It details the correct application of the primary mark, including prohibited modifications such as stretching or rotating. The visual identity is built around a primary palette of green and grey, supplemented by highlight and secondary colours. Typography is standardised using Galano Grotesque Alt for headings, Avenir for body copy, and Arial for digital templates. The guidelines also specify a photographic style that prioritises real-site images of green projects and people to demonstrate the reality of the green economy. Practical applications are illustrated through examples of business cards, stationery, social media assets, and presentation templates.

The report identifies significant climate risks to Canadian infrastructure, including permafrost degradation in the North and flooding in coastal and urban areas. It recommends a whole-of-society approach combining climate-informed planning, structural changes, and natural infrastructure solutions. While federal initiatives like the Climate Lens and the Disaster Mitigation and Adaptation Fund provide a foundation, the report argues for greater investment to close an infrastructure gap estimated up to CAD 1 trillion and the adoption of more diverse sustainable finance mechanisms.

The document advocates for a 'One Health' strategy in Africa to address the interconnected crises of human health, biodiversity loss, and climate change. It argues that blanket bans on wildlife trade are unworkable and may increase the risk of zoonotic spill-over by driving trade underground. Instead, it recommends nature-positive investments, green stimulus packages, and financial incentives for source countries to reduce IWT and improve governance. The brief emphasizes that socio-economic factors, exacerbated by the COVID-19 pandemic, drive IWT, and suggests that supporting rural communities through alternative livelihoods is the most effective way to reduce pathogen spill-over risk.

Reclaim Finance criticizes UniCredit for participating in a billion euro loan to EPH, a company that continues to acquire coal assets and generate significant revenue from coal. This action is presented as a contradiction of UniCredit's September 2020 coal policy, which committed to a coal phase-out by 2028 and the exclusion of coal expansionists. The document highlights EPH's acquisition of the Schkopau lignite coal plant as a critical test of the bank's policy adherence and warns against the use of 'green financing' loopholes for coal companies.

The document highlights the rapid degradation of Africa's natural resources and advocates for a financing strategy for the Post-2020 Global Biodiversity Agenda that combines the mobilization of new resources with the removal of subsidies that drive biodiversity loss. It suggests that conservation targets should be linked to international climate goals via nature-based solutions and that 'green' finance mechanisms, such as debt-for-nature swaps, be integrated into post-pandemic economic stimulus packages for African nations.

The report examines the green infrastructure landscape of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), highlighting significant investment needs across sectors such as low-carbon transport, renewable energy, and green buildings. It details the role of green finance, specifically green bonds and asset-backed securities, in bridging the funding gap between public budgets and the capital required for climate-resilient infrastructure. The document provides a sample pipeline of 70 green and potentially green projects and offers six strategic recommendations to unlock private capital, including the harmonisation of green definitions and the promotion of local government green bonds.

The report argues that India's post-pandemic recovery should prioritize 'building back better' by investing in natural capital and nature-based solutions (NbS). It examines the role of public and private finance, the need for a green finance taxonomy, and the importance of integrating biodiversity values into agriculture, infrastructure, and sub-national climate action plans. Key focus areas include land restoration targets, the conservation of wetlands within the Central Asian Flyway, and the mitigation of illegal wildlife trade.

The report alleges that BlackRock has created an "echo chamber" of influence in Brussels to weaken the EU's climate finance regulations. By operating through 23 trade associations and securing direct consultancy contracts with the European Commission, BlackRock is accused of pushing for "soft" regulation and voluntary standards, such as the EU Green Bond Standard, to avoid binding restrictions on its investment choices. The document argues that this strategy serves to protect BlackRock's significant holdings in fossil fuel companies and its business model based on financial risk management rather than climate impact.

The report warns that 11 major Eurozone banks hold over 530 billion euros in fossil fuel assets, representing 95% of their total equity. It argues that these assets are prone to becoming 'stranded assets' as the world transitions to meet the Paris Agreement, potentially triggering a financial crisis similar to the 2008 subprime mortgage crisis. The authors critique 'green finance' as largely greenwashing and call for the European Central Bank (ECB) to align its monetary policy with climate goals, increase capital requirements for fossil fuel exposure, and establish a public 'bad bank' to manage the phased extinction of these assets.

The report warns that the 11 largest banks in the eurozone hold over 530 billion euros in fossil fuel assets, which represent 95% of their total equity on average. This overexposure creates a significant risk of 'stranded assets' as the world transitions to meet Paris Agreement goals. The authors argue that current 'green finance' is largely a greenwashing tool and that voluntary bank commitments are insufficient. They propose a two-step solution: first, implementing strict regulations and reforming European Central Bank (ECB) monetary policy to stop new fossil fuel funding; second, establishing a public 'fossil bank' under the ECB to buy back and gradually phase out these risky assets to protect financial stability and enable the ecological transition.

Reclaim Finance condemns the outcome of Total's general assembly, where over 90% of voting shareholders approved a climate plan that prioritizes hydrocarbon expansion over renewable energy. The statement highlights the contradiction between the public climate commitments of major investors like AXA, BNP Paribas, and Amundi and their support for Total's strategy, which allocates 80% of capital expenditure to oil and gas by 2030.

The report examines the rise of ESG (Environmental, Social, and Governance) regulations to combat greenwashing, highlighting the EU's Sustainable Finance Disclosure Regulation (SFDR) as a key driver. It argues that ESG-aligned funds are outperforming non-aligned ones, making ESG compliance essential for accessing global capital. This shift poses a significant risk to fossil fuel-dependent firms, especially in Africa, while benefiting those providing minerals for renewable energy, provided they adhere to genuine sustainability principles.