Archive

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.

NBT launch $10m New York real estate impact fund

UK plans green bond tap in May

A senior UK debt management official has confirmed that the country plans to tap its first green bond in May after announcing a further £10 billion ($12.5 billion) green bond issuance programme for the next year.

New Zealand to debut sovereign green bond in late 2022

New Zealand has announced it intends to kick-start an "important and enduring" sovereign green bond programme in late 2022...

COP26 round-up, 9 November: Nuclear, Obama and gender

BTNZ commits $143m to new climate-themed index

BT Funds Management (BTNZ) has committed NZD200 million ($143 million) () to a 'Paris-aligned' equity index managed by Legal & General Investment Management (LGIM).

Second UK green bond secures largest sovereign oversubscription

The UK has issued the sovereign green bond with the longest tenor after it raised £6 billion ($8.3 billion) from its second issue, with the transaction more than 12-times oversubscribed by investors.