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COP24 sees historic agreement on Paris rulebook, but work remains
17 December 2018A historic agreement on the rules that will govern the Paris Agreement has been sealed at the Katowice climate change conference (COP 24), but countries failed to agree changes to strengthen emissions trading schemes.
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Financial institutions to be held to account on climate by ISO standard
14 December 2018A framework that is designed to assess the impact on climate change of financial institutions’ investments is to be launched next year.
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Securitised bank loans key to solving climate crisis, G20 told
12 December 2018Sustainable securitised bank loans should become the primary source of financing for sustainable infrastructure projects, according to a study group set up to advise the G20.
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Green Bonds round-up, 12 December
12 December 2018Swedish bank SEB has predicted that total green bond issuance could reach $240 billion in 2019, despite the market moving "sideways" this year.
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Clean coal axed from China's green bond guidelines
11 December 2018China will axe 'clean coal' from its green bond guidelines, in a move that will see its definition of green align more closely with the Climate Bond Standards and the consensus of opinions in the West.
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S&P to withdraw green evaluation from Mexico City airport bonds
10 December 2018The $6 billion programme of green bonds to finance construction of Mexico City's new international airport is to have its green evaluation report from S&P "removed from public circulation" no later than 31 January 2019.
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CISL to launch open-source tool to assess infrastructure transition risk
04 December 2018The Cambridge Institute for Sustainability Leadership (CISL) is preparing to launch a modelling tool to assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments.
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Green Bonds round-up, 28 November
28 November 2018France's state-owned postal company La Poste saw its inaugural €500 million ($564 million) green bond attract orders amounting to more than €2.1 billion.
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EDF signs €4bn ESG-indexed revolving credit facility
28 November 2018French electricity utility EDF has signed a green revolving credit facility (RCF) worth €4 billion ($4.5 billion), for which the payments will depend on sustainability-related performance indicators.
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Principles for Responsible Banking launched with backing of 28 banks
26 November 2018The 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’.