Archive

  • Defining transition finance: how to be inclusive yet specific

    28 September 2020

    Transition finance has garnered a lot of attention, but the challenge of delineating what exactly it is remains unresolved. Three recent reports try to balance the need for the definition to be both broad enough to be inclusive, yet specific enough to protect the instruments from claims of greenwashing. Ahren Lester reports.

  • Basic definition essential for transition bond issuance, says ISS ESG

    25 September 2020

    The market does not have to 'reinvent the wheel' on the structure of transition bonds to support future issuers, ISS ESG tells Ahren Lester, but a clear definition of what activities demonstrate 'transition' is essential for this potentially large market to grow

  • Green and sustainability-linked loan round-up: Aligned, Farrer Park, StarHub, FENC and Iberdrola

    23 September 2020
  • ISS ESG launches transition bond second party opinion service

    05 August 2020

    ISS ESG has updated its second party opinion (SPO) methodology to support issuers of transition bonds ahead of guidance being published later in 2020.

  • Deutsche Bank's tightened fossil fuel policy judged 'unambitious'

    28 July 2020

    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.

  • Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

    08 July 2020
  • Sustainable debt market transformed by Covid-19 impact in H1

    01 July 2020
  • Snam issues maiden €500m 'transition' bond after 'climate action' criticism

    12 June 2020

    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

    11 June 2020

    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

    09 June 2020

    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.