Coal utilities boosted by €16bn since Paris Agreement, say NGOs
Eight financial institutions have given Europe's 'most polluting utilities' almost €16 billion ($17 billion) in support since the Paris Agreement was signed in December 2015, a new briefing by NGO Europe Beyond Coal has found.
KfW's largest green bond meets strong demand
German development bank KfW has priced the €3 billion ($3.4 billion) green bond it announced earlier this week (LINK), setting the coupon for the eight-year deal at 0.01%.
AIIB issues $2.5bn sustainability-themed bond
The Asian Infrastructure Investment Bank (AIIB) has issued its first 'global bond', worth $2.5 billion, to finance environmentally friendly infrastructure investment and promote environmental, social and governance (ESG) investing across Asia.
Hong Kong prepares sovereign green bond
Hong Kong plans to launch a roadshow of its inaugural green bond later this month, in what could mark the start of an issuance programme worth up to $13 billion.
Green bonds round-up: Wallonia; Adif; Nedbank; SFE; Crédit Agricole; Green OAT
Wallonia, the French speaking region of southern Belgium, has entered the green bond market with a dual-tranche issue that raised €1 billion ($1.2 billion).
27 firms sign up to green finance principles for Belt and Road
A set of green financing guidelines for China's Belt and Road Initiative (BRI) has received backing from 27 firms around the world.
Bonds round-up: ICBC, Banque Postale, ABN Amro, ERG, Yorkshire Water, Woolworths, Shinhan Bank, IADB, Chile, Otto, Arizona State University, NYC Housing, OPIC, Nomura, Trianon
La Banque Postale has issued its first green bond, raising €750 million ($849 million).
Polish banks join European energy-efficient mortgage pilot scheme
A European initiative to explore the benefits of offering favourable mortgage conditions for energy efficient homes has expanded into Poland.
French regulator calls for ‘green and brown’ taxonomy
France’s financial regulator has called for the rapid introduction of a formal definition of investments that are beneficial or detrimental to the environment – a so-called taxonomy of ‘green’ and ‘brown’ assets.
Netherlands aims for €10bn from sovereign green bonds
The Dutch government said it aims to raise between €4 billion ($4.5 billion) and €6 billion from its inaugural sovereign green bond on 21 May.