Archive

News round-up: Federal Reserve joins NGFS, BNP's energy transition fund, Poseidon Principles ... and more

Frank Elderson: Covid-19 recovery should 'aim for 1.5°C economy'

Frank Elderson, executive director of supervision at the central bank of the Netherlands (DNB), has called for any recovery plan from the Covid-19 pandemic to be aligned with 1.5°C of global warming by 2050.

Telenor signs €2bn sustainability-linked debt facility

Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF) to refinance an existing credit facility.

UPM signs sustainability loan linked to biodiversity goals

Foresight raises €342m for energy infrastructure fund

Investment manager Foresight has raised €342 million ($377 million) in the first close for its European-focused fund Foresight Energy Infrastructure Partners (FEIP).

Shipping - the trillion-dollar challenge

The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

$150m green bond for oil tanker fleet in pipeline

Teekay Shuttle Tankers, a Canadian shipowner specialising in oil and gas transportation is looking to issue a $150 million green bond to fund the building of new tankers.

NGFS chair calls for 'effective' carbon taxes

Frank Elderson, chair of the Network for Greening the Financial System (NGFS), has called on governments to improve their coordination of carbon taxes to help combat climate change.

Bond round-up: Chile, Korea, Engie, CDC, Vattenfall, BayWa, RATP … and more

Institutional investors call for sea change in fish farming

Climate change, pollution and antibiotic resistance could sink the fast-growing fish farming industry, the investor network FAIRR has warned.