Archive

Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

People Moves, 22 December: Nikko AM, Kiko Ventures, SUSI Partners, Royal London

Germany plans €19bn green bond issuance in 2024

Germany is planning to raise up to €19 billion ($21 billion) from green bonds in 2024 - a target which, if achieved, would increase the amount the sovereign raises through green issues for the fifth year in a row.

Value of forest credits to "rebound strongly in 2024"

The value of forest credits is likely to "rebound strongly in 2024", given worsening supply constraints and current "unfair prices", a carbon market expert has predicted.

Loan round-up: Eisai, Jeronimo Martins, Rivulis ... and more

India paves way for voluntary carbon market

India has paved the way for a domestic voluntary carbon market by introducing voluntary offsets as part of its upcoming compliance market.

EU green building label deal avoids 'bad taste' in green bond market - but delays harmonisation

A loophole introduced to the proposed harmonisation of the EU Energy Performance Certificate (EPC) regime for buildings has prevented a "bad taste" among investors regarding some bank green bonds, but retains fragmented 'green' building designations, ABN Amro has said.

EU: Green bond issuance to 'gather pace' in 2024 after slow start

The EU expects to accelerate its green bond issuance in 2024 following revisions to member states' investment plans, after the massive green bond programme fell behind its targeted share of total borrowing by the bloc.

ESG 'outperformed' traditional portfolios over last decade, says UBS

Integrating ESG considerations into investment portfolios would have led to higher financial returns and "enhanced" stock selection, UBS has said, in analysis of financial performance in the last decade.

EU building energy performance deal is 'game-changer' for renovation green bonds

The draft final agreement on the EU Energy Performance of Buildings Directive (EPBD) could trigger a "renovation wave" among European bank green bonds, according to Dutch lender ABN Amro.