Archive

Emerging markets sustainable bond issuance still faces challenges

Momentum is building in sustainable bond issuance in several emerging markets, but a range of obstacles to attracting capital still need to be overcome, attendees at the Environmental Finance Sustainable Debt EMEA conference heard.

Saudi Arabian green finance framework an 'important but controversial step'

The Kingdom of Saudi Arabia has published its green financing framework, opening the door to major oil exporter issuing sovereign green bonds and sukuk.

People Moves, 8 March: Ardian, Credit Agricole, IFRS, Permira, Palatine, Sustainable Fitch ... and more

People Moves, 23 February: Sustainable Fitch, AIB, Climate X, IFRS Foundation ... and more

Green bonds will increasingly target biodiversity, predicts Sustainable Fitch

Domestic Chinese sustainability-linked bond market 'lacking credibility'

Chinese onshore sustainability-linked bond (SLB) issuance fell in 2023 after a record 2022 as issuers were "less incentivised" to offer material and credible structures for investors, according to Sustainable Fitch.

Fitch: Real estate slump sinks offshore Chinese sustainable bond market

Offshore Chinese sustainable bond issuance slumped a third in 2023 as issuance from the country's ailing property sector contracted significantly, according to Sustainable Fitch - but onshore issuance continued to grow.

'Sleeping' sustainability-linked leveraged loans 'need to be stamped out'

The unwelcome resurgence of 'sleeping sustainability-linked' leveraged loans - which are signed before key sustainability provisions are finalised - needs to be "stamped out" in 2024, according to Fitch Solutions-owned Covenant Review.

'Pretty poor' 2023 for sustainability-linked leveraged loans

2023 was a "pretty poor" year for European sustainability-linked leverage loan deals as borrowers and investors avoided the instrument, according to Fitch Solutions-owned Covenant Review.

Energy companies 'failing to shift away from fossil fuels', warns Sustainable Fitch

Energy companies have made "limited progress" towards hitting their net zero carbon targets, Sustainable Fitch has warned, with just one of 12 firms assessed awarded a 'green' rating.