The UK’s chancellor is set to overhaul ethical investing rules that could unlock billions in private investment for Britain’s defence sector. The Telegraph covers the story.
The largest climate-finance group, the Net-Zero Banking Alliance, is considering adjustments to how it operates as Wall Street seeks to further align itself with the Trump administration. Changes include abandoning a requirement for signatories to align their portfolios with a goal of limiting global warming to 1.5C. Bloomberg covers the story.