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Domestic Chinese sustainability-linked bond market 'lacking credibility'
14 February 2024Chinese onshore sustainability-linked bond (SLB) issuance fell in 2023 after a record 2022 as issuers were "less incentivised" to offer material and credible structures for investors, according to Sustainable Fitch.
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Green bond investors eschew EDF 'nuclear' green bond
14 February 2024Dedicated green bond investors largely avoided the ground-breaking 'nuclear' green bond from French energy firm EDF, according to Barclays - but there was "good demand" from sustainable investors more widely.
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Snam steps away from transition bonds with green, SLB deal
13 February 2024Snam has raised €1.5 billion ($1.6 billion) from a dual-tranche green and sustainability-linked bond, as the Italian energy infrastructure firm stepped back from the 'transition' bond label it helped pioneer.
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Fitch: Real estate slump sinks offshore Chinese sustainable bond market
13 February 2024Offshore Chinese sustainable bond issuance slumped a third in 2023 as issuance from the country's ailing property sector contracted significantly, according to Sustainable Fitch - but onshore issuance continued to grow.
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Snam secures inaugural Moody's net-zero plan score
12 February 2024Snam has been awarded the inaugural Moody's 'Net Zero Assessment' (NZA) score, with the Italian energy infrastructure firm praised for its "clear" Scope 1 and 2 emissions reduction plan but was warned of challenging Scope 3 "hurdles".
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Barclays: Investors expect more sovereign SLB issuers in 2024
12 February 2024A majority of investors are expecting new sovereigns to issue sustainability-linked bonds (SLBs) in 2024, according to a Barclays survey - despite reservations about the performance-based instrument.
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Investors to challenge sovereign SLB issuers using ASCOR, investor says
12 February 2024Investors plan to use a tool for assessing countries' climate progress to challenge issuers of sustainability-linked bonds (SLBs) on the strength of their targets, an investor has said.
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$4trn outstanding sustainable bond milestone crossed
09 February 2024The sustainable bond market has crossed the $4 trillion outstanding issuance milestone, according to Environmental Finance Data - but a maturing market could slow progress towards the next trillion.
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World Bank: Expect 'more and bigger' outcomes-based bonds
09 February 2024Following the Bank's recent plastic waste reduction bond, Michael Bennett tells Ahren Lester that its ambitions are growing
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'Sleeping' sustainability-linked leveraged loans 'need to be stamped out'
09 February 2024The unwelcome resurgence of 'sleeping sustainability-linked' leveraged loans - which are signed before key sustainability provisions are finalised - needs to be "stamped out" in 2024, according to Fitch Solutions-owned Covenant Review.