Archive

CBI certification 'very difficult' for Japanese transition bonds

Japan has confirmed it is not looking to certify its upcoming transition bonds with the Climate Bonds Initiative (CBI) due to challenges posed by its diverse framework, including around funding innovative start-ups.

Financial risk from climate damage may be underestimated by over 80%

Financial losses from climate physical risk could be significantly underestimated, underlining the need for more granular asset-level data in climate risk assessment and stress testing, according to new academic research.

Macquarie acquires stake in UK wind farm from BlackRock

Generate Capital backs GrowUp with £38m investment

Investors have 'strong preference' for Capex over Opex in sustainable bonds

Fixed income investors still have a "strong preference" for sustainable bonds focused on capital expenditure (Capex) rather than operational expenditure (Opex), according to a survey by the International Capital Market Association (ICMA).

Offset-heavy Eni SLB target 'one to watch' for 2024, says AFII

The surprisingly high use of carbon offsets by Italian oil major Eni in its progress towards its carbon emissions target has created an interesting litmus test for issuer and investor behaviours around sustainability-linked bonds (SLBs),...

Climate change adaptation has 'picked up' in sustainable bond market

The identification of 'climate change adaptation' use-of-proceeds in sustainable bonds has "picked up" over the last couple of years, according to Environmental Finance Data (EF Data).

Khan Bank to raise $130m from first social bond in Mongolia

Mongolian lender Khan Bank is preparing to raise up to $130 million from the first social bond from a Mongolian issuer.

Stewart Investors launches global emerging markets sustainability strategy

Stewart Investors has launched the Global Emerging Markets (ex-China) Leaders Sustainability Fund, an active, long-only equity strategy.

Redwheel to acquire sustainable infrastructure investor Ecofin

UK-based investment manager Redwheel has agreed to acquire the assets of $1.4 billion sustainable infrastructure investor Ecofin for an undisclosed fee from Tortoise Advisors, in a move that will expand Redwheel's sustainable product range.