International

ESG / Sustainability

WEF Paper Outlines Steps for Responsible Carbon Market Engagement

By Sanday Chongo Kabange | 24/01/2023

New paper from the World Economic Forum and Bain & Company calls for “decisive action” to scale up VCMs and ensure they serve the promised environmental and societal benefits.

ESG / Sustainability

Researchers Dispute Benefits of Verra Approved Carbon Credits

By Editors | 23/01/2023

Investigative journalists found that only a handful of Verra’s rainforest projects showed evidence of deforestation reductions.

Crypto / Digital Assets

WEF Publishes Toolkit to Facilitate Development of DAOs

By Editors | 21/01/2023

DAOs have the potential to address the shortcomings of traditional firms while also realising more equitable governance and operations.

ESG / Sustainability

ISSB “Straying” from Core Purpose with Scope 3 Inclusion

By ESG Investor | 20/01/2023

Despite investors calling for disclosure of all emissions, there are concerns the board is reaching beyond its remit.

Big Picture

Multilateral Platforms Will Benefit Cross-Border Payments

By Sanday Chongo Kabange | 20/01/2023

New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.

Crypto / Digital Assets

Crypto Firms Team Up to Accelerate Climate Action

By Mark Johnston | 19/01/2023

The partnership comprises the GBBC, Eqo Networks, BxCi, Solana Foundation, Ripple, Regen Network, and Climate Collective.

Capital / Liquidity

Implementation of 2013 NBFI Reforms Are Incomplete: FSB

By Editors | 19/01/2023

Jurisdictions have not finished implementing Basel III reforms to mitigate spillovers between banks and non-bank financial entities.

AML / KYC

Authorities Dismantle Russia-Linked Crypto Firm Bitzlato

By Manesh Samtani | 18/01/2023

Bitzlato facilitated $700mn in crypto transfers for Hydra users and received more than $15mn in ransomware proceeds.

ESG / Sustainability

Taskforce Introduces Framework to Mobilise Investment Capital

By ESG Investor | 18/01/2023

The framework aims to ensure investors are not simply disinvesting from more difficult sectors, particularly in emerging economies.