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Defining transition finance: how to be inclusive yet specific

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

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

ISS ESG launches transition bond second party opinion service

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

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.

Green bonds reach the tipping point

A surge of corporate issues is supporting a bullish mood in the environmental bond market, says Graham Cooper