Bond round-up: AFD, Austria ... and more
Spain's ICO to join Clean Oceans Initiative
Spanish development bank, Instituto de Credito Oficial, has commitment to join the Clean Oceans Initiative which aims to finance €2 billion ($2.2 billion) of projects targeting marine pollution, particularly plastic waste.
Latest GCF meeting commits $266.9m across 10 projects
The Green Climate Fund (GCF) has agreed to invest $266.9 million in 10 more projects in emerging markets. Alongside co-financing, the commitments will see over $1.4 billion invested for low-emission, climate-resilient development.
Pimco, AfDB, Iberdrola and ING elected to GBP executive committee
US investment management giant Pimco and Dutch bank ING are among four institutions to have been elected to the executive committee of the Green Bond Principles (GBPs) and Social Bond Principles (SBPs).
BlackRock-backed blended finance climate fund awarded grant
A grant has been awarded to help develop an ‘unprecedented’ blended finance initiative aiming to scale up investment in emerging market climate infrastructure.
Green Bond round-up – 10 April: Senvion, LG Chem, France's GROAT, ocean plastic bond, Toyota, Terna, EIB's new CAB, Peru, Luxembourg links with China
South Korea-based chemicals manufacturer LG Chem has issued green bonds worth $1.56 billion to help finance production of electric vehicle (EV) batteries.
New report aims to help companies disclose physical climate risks
The disclosure of physical climate risks has received less attention than reporting transition climate risks, it was claimed at the launch of a report that aims to help redress the balance.
IADB leads MDB top-performers, E3G report finds
The Inter-American Development Bank (IADB) is one of the multilateral development banks (MDBs) leading the way in supporting the transition to a low-carbon economy, according to a report from E3G.
$300m fund launched to combat land degradation
Mirova, the sustainable investment arm of French bank Natixis, has formally launched the Land Degradation Neutrality Fund (LDNF) which it has been developing with the UN Convention to Combat Desertification (UNCCD) since 2015.
Green bonds round-up, 22 November 2017
Manulife has issued its first green bond which, as well as being the first from a life insurance company, is also the first Canadian issue to be certified by the Climate Bonds Initiative.