Archive

Major European banks provided large-scale financial support to coal industry

European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal companies across the EU in 2019, according to a report.

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Sustainability-linked loans webinar: Leveraged loans could be next frontier

Institutional investors are ready to provide an exciting new source of growth for the sustainability-linked loan market, Michael Hurley writes

Sustainable debt market transformed by Covid-19 impact in H1

UK finance sector gets new advice on climate-related risks

Consultation opens on climate change lobbying framework

The consultation on a framework to help investors assess the extent to which a company's lobbying is aligned to the Paris Agreement has been opened, after three investors launched the project earlier this month.

PE interest in ESG-linked financing has 'risen significantly'

The interest from private equity firms towards environmental, social and governance (ESG)-linked financing has been "completely reset" in recent months, BNP Paribas told Environmental Finance.

Work begins to build climate change lobbying framework

Chronos Sustainability is to create a framework enabling investors to assess whether corporate lobbying is aligned with the goals of the Paris Agreement.

National Grid signs $740m green loan from export agencies

National Grid has signed a green loan worth $743 million to help fund the construction of an electricity interconnector between Denmark and the UK, believed to be the first covered green loan to be signed with more than one export credit agency.

Snam issues maiden €500m 'transition' bond after 'climate action' criticism

Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.