Archive

Innovative nature-linked outcomes bond launched

An innovative ZAR2.5 billion ($150 million) bond targeting a water project in South Africa is thought to be the first environmental outcomes bond issued by a commercial bank.

FirstRand transition framework first to align with ICMA guidelines

FirstRand has issued a Transition Finance Framework, believed to be the first outside of Japan to align with the recently launched Climate Transition Bond Guidelines, and the draft Transition Loan Principles.

BII and FirstRand commit $150m to Africa transition finance facility

People moves 8 July: Bloomberg, Standard Chartered, Credit Suisse, Bundesbank, Wells Fargo & more...

Task Force on Nature-related Financial Disclosures working group announced

Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).

Principles for Responsible Banking launched with backing of 28 banks

The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.

IFC issues ZAR1bn green bond

The International Finance Corporation (IFC) has issued ZAR1 billion ($71 million) green bond, its first in the domestic South African rand market.