Low angle view of modern skyscrapers in Midtown Manhattan.


Private Financial Institutions Are Stepping in to Decarbonize Steel

Finance at COP, the UN climate change conference, used to be about public dollars. It was largely about rich countries pledging the elusive $100 billion in annual climate finance to developing countries—and about government ministers negotiating with government ministers. But at COP26, private finance made its presence felt…

A conference room equipped by modern laptops in a modern panoramic office in New York.

Financing 1.5°C: In a Booming ESG market, the SEC Has Some Questions

The US Securities and Exchange Commission (SEC) recently made headlines by launching a formal investigation into ESG (environmental, social, and governance) investment products offered by DWS Group, Deutsche Bank AG’s asset management division. The investigation sent DWS shares tumbling more than 12 percent, demonstrating the real-world consequences of a…