Archive

US 'working on' investing $50m in TIG forestry strategy

People moves, 31 March: Impax, SBTi, Finance for Biodiversity, GSSB ... and more

Investors launch nature-positive forest roadmap

New Zealand raises NZD3bn from debut sovereign green bond

New Zealand has raised NZD3 billion ($1.8 billion) from its debut sovereign green bond, with the transaction more than two-and-a-half times oversubscribed.

Uruguay readies 'game-changing' sovereign sustainability-linked bond

Uruguay has published its framework for a 'game-changing' sovereign sustainability-linked bond (SLB), which incorporates ground-breaking nature targets and coupon structures.

New Zealand readies sovereign green bond debut

New Zealand has launched its sovereign green bond programme after publishing its green bond framework, with a debut bond expected by the end of 2022...

Sovereign sustainability-linked debt initiative launched

A World Bank and Asian Development Bank (ADB)-backed initiative to "catalyse" sovereign sustainability-linked debt issuance has been launched to provide technical support to increase the volume, quality and impact of such issuances.

SBTi rules out mandating annual target reviews

The Science Based Targets initiative (SBTi) has told Environmental Finance it will not mandate companies to annually review emissions reductions targets and has ruled out setting a universal base year against which to benchmark reductions.

Transition methodologies failing to meet Paris Agreement, academics warn

Existing methodologies commonly used by companies, investors and regulators for calculating transition pathways are failing to accurately reflect the Paris Agreement goals, with academics warning that most business will consequently fail to reduce their greenhouse gas (GHG) emissions in time.

'Delayed' Greek green bond debut expected in 2022

Greece plans to issue its debut green bond by the end of 2022, according to its debt head, after market volatility delayed its original plans.