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UK, EU and international ESG finance update: WTW climate-risk loan insurance, EU CSDDD progress, NZBA adds capital markets targets, IAIS climate risk consultation

Published on: 21 March 2024

Published by a LexisNexis Banking & Finance expert
Legal News
Table of contents
  • UK developments
  • WTW to launch game-changing climate finance solution
  • EU developments
  • EU Corporate Sustainability Due Diligence Directive—what’s the state of play?
  • International developments
  • NZBA extends climate targets to banks’ capital markets activities
  • IAIS launches third of four consultations on climate risk
  • Useful information
Article summary

UK developments

WTW to unveil a transformative new climate finance solution

Insurance broker WTW stated on 18 March 2024 that it is currently developing an insurance facility intended to strip out risks tied to lending to private companies, aiming to shield them from threats associated with climate change. For further details, see: WTW to launch game-changing climate finance solution.

EU developments

EU Corporate Sustainability Due Diligence Directive—what’s the current position right now?

After months of political wrangling, Member States ultimately adopted a substantially revised version of the EU Corporate Sustainability Due Diligence Directive on 15 March 2024...

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