BlackRock acquires shares in largest wind farm in Africa
The Danish Climate Investment Fund has sold its stake in Lake Turkana Wind Power to a BlackRock-managed vehicle.
Emerging markets to increasingly tap sustainable bond market in 2024, says S&P
Emerging markets could increasingly access the labelled bond market in 2024, S&P Global Ratings predicted, despite moderate growth being forecast for the market as a whole.
Goldman Sachs launches €10m green bond ETF
Goldman Sachs Asset Management (GSAM) has launched its first dedicated green bond exchange traded-fund (ETF), adding the first passively managed product to its green bond fund range.
'Reasonable' greenium for landmark Japan transition bond
Japan's ground-breaking climate transition bond (CTB) secured a "reasonable" greenium, and it is preparing to return to the market at the end of March with a two-year bond to complement the existing five-year deal.
JETPs suffer from "insufficient new finance"
There are "insufficient quantities" of new finance for Just Energy Transition Partnerships (JETPs), the Rockefeller Foundation has said, warning that the current structure faces "significant challenges".
ClearBridge defends tech giants in sustainability fund
ClearBridge Investments has defended its tech-heavy sustainability fund, claiming global companies are 'standard setters' for the broader industry's operations.
AXA launches carbon transition bond fund with £127m from Aon
Ardian to develop Finnish battery energy storage system
Domestic Chinese sustainability-linked bond market 'lacking credibility'
Chinese 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.
Green bond investors eschew EDF 'nuclear' green bond
Dedicated 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.