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Making green guarantees profitable

The Green Guarantee Company has inked its first deals as it looks to prove the instruments can move beyond the public sector, Christopher Bredholt tells Mathilde Dorbessan

Green Guarantee Company secures €32m to expand climate guarantees

The Green Guarantee Company (GGC) has secured €32 million ($36.6 million) from KfW to expand its guarantee capacity for climate projects in emerging markets and developing economies.

RGREEN Invest raises €500m for fourth infrastructure debt fund

Policy must do heavy lifting to unlock investment, says Green Climate Fund

There are four key elements that need to be addressed by governments in developing countries to attract and enable private capital to flow into sustainability-focused projects, according to the Green Climate Fund.

'China's version of SFDR will have significant impact'

New rules governing Chinese sustainable investment funds are expected to have a significant impact in the domestic market, with a minimum threshold for sustainable investments likely to help "assure the quality" of funds, according to an expert.

Forestry industry captured GHG Protocol process, outgoing advisor alleges

Business interests unduly influenced the Greenhouse Gas (GHG) Protocol standard-setting process, a member of its independent standards board alleged in a letter announcing his resignation.

'No silver bullet' for transition finance but systemic change needed, FCA says

Greater coordination by policymakers, companies and financial institutions is needed to address widespread barriers to scaling transition finance, a study by the UK Financial Conduct Authority (FCA) found.

Singapore blended finance initiative adds $290m at second close

An additional $290 million has been allocated to Singapore's Green Investments Partnership (GIP) blended finance programme, which reached a total of $800 million in commitments at second close.

Invest in data and adaptation to fight extreme weather impacts, NGFS says

Investments in climate adaptation and resilience measures and improvements in data relating to extreme weather events are among actions recommended by a group of central banks and supervisors to combat the worst climate impacts.

Adani: $18m penalties issued linked to $750m green bond

Two members of the influential Adani business family in India have agreed to pay $18 million cumulatively in penalties linked to a US regulatory legal case tied to the $750 million green bond issued by Adani Green in 2021.