Archive

India plans climate finance taxonomy

India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.

M&G increases commitment for responAbility's gender-focused fund

New ICMA metrics could help 'accelerate' biodiversity finance

An influential list of key performance indicators (KPIs) deemed appropriate for structuring sustainability-linked bonds (SLBs) has been updated - with the newly added metrics dominated by biodiversity-related datapoints, reflecting keen investor interest in the theme.

ICMA, LMA release 'sustainability-linked loan bond' guidance

Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.

WBCSD publishes avoided emissions guidance

The World Business Council for Sustainable Development (WBCSD) has urged investors not to use avoided emissions to claim carbon neutrality, in its recently published "first guidance" for private markets on avoided emissions calculation and reporting standards.

People Moves, 21 June: GEF, TNFD, GRI, S&P Trucost, UBS ... and more

General Atlantic's BeyondNetZero acquires significant stake in SDCL

Private equity giant General Atlantic has acquired a 24.9% shareholding in Sustainable Development Capital (SDCL), having invested an undisclosed sum from its climate growth fund, BeyondNetZero.

IDB: Brazil 'green' foreign exchange hub is scalable and impactful

A senior adviser to the Inter-American Development Bank (IDB) is working on making its 'green' foreign exchange (FX) hub launched with Brazil earlier this year scalable for other countries as a means to reduce hedging costs for investors and boosting sustainable investment to emerging markets.

Bond round-up: AfDB, Verbund, IDB Invest ... and more

Sustainable bond market hits $5trn of issuance

Cumulative issuance of sustainable bonds has now crossed the $5 trillion mark, boosted by strong support from sovereign issuers.