Archive

Climate adaptation investment hampered by 'fragmented' solutions

Investment in climate adaptation and resilience projects is being held back by a tendency towards focusing on "fragmented or incremental" solutions rather than system-wide plans - even in National Adaptation Plans (NAPs), according to the Asian Development Bank (ADB).

ADB and XacBank sign $50m financing deal

COP29: MDBs update 'common framework' and pledge $120bn to climate financing

Khan Bank raises $30m from first domestic Mongolian green bond

Mongolian lender Khan Bank has completed a $30 million fundraise from the first green bond listed in the domestic Mongolian market, more than a year after securing approval for the programme.

ADB invests $25m to India EV-focused climate bond

BasisBank issues 'landmark' sustainability bond in Georgia

BasisBank has become the first commercial bank in Georgia to issue a sustainability bond, with the Tbilisi-based lender raising an initial $20 million from the deal.

COP28: Coal plant shut-down deal takes significant step forward, but will still operate until 2035

From Peter Cripps at COP28 in Dubai

COP28: Sovereign sustainability-linked finance task force launched

Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

ICMA publishes blue bond guide in 'big step forward' for market

A long-anticipated blue bond guide has been published, in a "big step forward" for the development of the water-focused sustainable bond market.

ThomasLloyd hire ADB's Nakhooda as head of impact