Landmark Italian green bond ten-times oversubscribed
Italy has issued the largest ever sovereign green bond with its €8.5 billion ($10.2 billion) maiden green note, which was nearly ten times oversubscribed by investors.
Green bond comment, October 2020: Automotive green bonds drive up corporate issuance
Issuance from car makers has shifted to a higher gear in recent months, and it is a sign that corporates more broadly are tapping the market, says Ahren Lester
Sustainability loan market surges past $100bn in 2019 – Refinitiv
More than $103 billion in green and sustainability-linked loans has been announced so far in 2019, according to data provider Refinitiv.
E.ON pens €3.5bn ESG-linked loan in wake of Innogy merger approval
Energy company E.ON has agreed a €3.5 billion ($3.9 billion) revolving credit facility, the interest rate on which is linked to the firm’s environmental, social and governance (ESG) rating.
No oil & gas company aligned with 2°C pathway, says TPI
None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).
Bonds round-up: E.On, KfW, Kaneka, Guangzhou Metro ... and more
E.ON raises €1.5bn from its first green bond
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.
Set climate targets, power sector told by investors with $11trn in assets
Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.
Green bonds round-up, 17 October 2018
German commercial bank Berlin Hyp has raised €500 million ($578 million) from its third green Pfandbrief. This takes the total green debt issued by the bank to €3 billion.
Could blockchain save the planet?
Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.