Deutsche Bank's tightened fossil fuel policy judged 'unambitious'
Deutsche Bank has tightened its fossil fuel policy to include exiting from coal mining investments by 2025, strengthening its stance towards coal power and restricting oil and gas sector financing - but campaigners continued to criticise the lender for its lack of ambition.
Snam issues maiden €500m 'transition' bond after 'climate action' criticism
Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.
Cubico refinances solar project with €250m green loan
Cubico Sustainable Investments has achieved financial close on the refinancing of the 50MW Arenales concentrated solar power (CSP) project in Seville, Spain.
Sustainability-linked Bond Principles mark new era for bond market
A set of Sustainability-linked Bond Principles (SLBP) was launched today, in a landmark move that is expected to kickstart a new market of labelled bond issuance that will "complement rather than act as an alternative" to the green bond market.
ACPR: Banks need to incorporate climate into risk management framework
The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.
Crédit Agricole and Dai-ichi Life partner in micro and gender finance scheme
Aimed at unbanked women in developing world
What makes a good corona-bond?
Amid the pressing need to rush out Covid-19 bonds, how to uphold best practice, asks Michael Hurley