Archive

Ireland readies €2bn tap of green bond amid sovereign rebound

The Republic of Ireland has hired six banks to manage a €2 billion ($2.4 billion) tap of its green bond due to mature in 2043, as sovereign sustainable bond issuance volumes record a slight rebound in 2026.

BlackRock remains 'misaligned' with NYC pension climate expectations, fund says

BlackRock still fails to satisfy 'net zero' expectations set by a group of New York City pension funds, months after the city's chief financial officer recommended replacing the asset manager on a major US equities mandate, the funds said.

Bangladesh's City Bank 'working on' green bond debut

City Bank has signed a partnership with the UN Development Programme (UNDP) to support the Bangladesh lender in developing its inaugural green bond.

New York pension fund to renew push for banks to report energy financing

Some of the world's largest banks face renewed pressure to improve disclosure of the ratio of finance they provide to fossil fuels versus low-carbon alternatives, as a large US pension fund prepares shareholder proposals.

Why banks are back in the carbon markets

Growing confidence and policy support is driving banks' action in the carbon markets. Genevieve Redgrave reports

People Moves, 14 November: Citi, Societe Generale and Osmosis

C40 Cities launches $1bn global port SLL initiative

A network of 100 major city mayors from around the world has launched a sustainability-linked loan (SLL) initiative targeting $1 billion in 'green' maritime infrastructure investment in Global South ports over the next three years.

'Overwhelming response' to debut SLB from Thai state power firm

Electricity Generating Authority of Thailand (EGAT) has raised TBH2 billion ($61 million) from its debut sustainability-linked bond (SLB), with the deal also including a rare step-down coupon if the state-owned firm achieves its target.

Article 6 'critical to attracting external finance for Ugandan carbon platform'

Alignment with Article 6 of the Paris Climate Agreement will be critical to attracting private finance to carbon projects, Environmental Finance has heard, as banks begin to move into the market.

Exclusive: Uganda launches sovereign carbon credit platform

Uganda has launched a digital carbon credit platform with climate technology firm Evercity in a bid to build "sovereignty in climate finance".