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Japanese transition bonds likely to 'move closer to green'

The use of proceeds for the ground-breaking Japanese sovereign transition bond programme is likely to become more conventionally 'green' rather than move more into the more contested 'transition' projects, according to the Japan Credit Rating Agency (JCRA).

Japan not currently seeking CBI certification for next transition bond

Japan is not currently looking to secure Climate Bonds Initiative (CBI) certification for its transition bond issuance later in July. This follows the sovereign stepping back from the certification process for its third deal in May.

Landmark green shipping loan loses CBI certification amid contract cancellation

A ground-breaking green shipping loan has had its Climate Bonds Initiative (CBI) certification revoked after the borrower revealed plans to cancel the ship order the loan was intended to finance.

Climate Bonds Initiative names advisory board, to consult on new climate resilience taxonomy

'Milestone' Japanese transition bond three-times oversubscribed

Japan has raised JPY800 billion ($5.3 billion) from its debut 'climate transition' bond (CTB), with the ground-breaking deal almost three-times oversubscribed.

EU urged to extend deforestation legislation to financial institutions

Hong Kong green taxonomy due 'very soon'

The first version of the Hong Kong green taxonomy is due to be published "very soon" with the expectation it will be expanded into transition activities, according to a senior official at the financial regulator.

Australian green bond framework includes biodiversity, climate adaptation

The Australian sovereign green bond framework has included climate adaptation and nature projects among its eligible activities alongside the more familiar climate mitigation projects, as the country moves closer to its mid-2024 market debut.

Corporate transition finance framework 'common ground' project launched

The Climate Bonds Initiative (CBI) has published an initial mapping of transition finance frameworks as part of a collaborative project to "demystify" the topic for corporates amid a proliferation of frameworks.

Arup becomes Climate Bonds Standard verifier