HSBC, IFC 'real economy' emerging market green bond fund raises $538m
A green bond fund launched by HSBC Global Asset Management and the International Finance Corporation targeting 'real economy' issuers in emerging markets has raised more than $530 million from ten investors at its final close.
Blue like an Orange raises $200m for Latin America impact fund
Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.
BNP Paribas launches global equity carbon offset fund
BNP Paribas has launched a global version of its climate carbon offset plan fund, targeting a reduced carbon footprint and a material social and environmental impact, following the launch of its European fund.
France's largest insurers looking for climate-conscious asset managers
Three mandates totalling €500m open for tender
Althelia Sustainable Ocean Fund raises additional $50m
Sustainable investment specialist Mirova has reached a second close for its Althelia Sustainable Ocean Fund, raising an additional $50 million and taking the fund's total commitments to $92 million.
Sowing the seeds of tomorrow's agriculture
Funds that invest in making farming more sustainable are highly impactful, but hard work!
French insurers’ climate-related disclosures mostly ‘difficult to understand’, says WWF
French insurers' climate-related disclosures have improved, but the information is still often inaccessible and difficult to understand, according to research by WWF France.
People Moves: Barclays, Mirabaud Asset Management and Quaero Capital
Barclays has expanded its green banking team with a new employee and an appointment. Victoria Land (maiden name Clarke) will lead debt capital markets origination in socially responsible investing (SRI) and green bonds as director from November. Rhian-Mari Thomas has been appointed as global head of green banking.
$300m fund launched to combat land degradation
Mirova, the sustainable investment arm of French bank Natixis, has formally launched the Land Degradation Neutrality Fund (LDNF) which it has been developing with the UN Convention to Combat Desertification (UNCCD) since 2015.
French insurer to double green investments
BNP Paribas Cardif is to double its green investments to €2.4 billion ($2.9 billion) by 2020, largely through the purchase of green bonds.