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The European banking sector must adopt a "radically different approach" to sustainability, KPMG has warned.

TenneT has issued a €1 billion ($1.1 billion) green bond, in a deal that was twice oversubscribed.

Canadian Solar has agreed a non-recourse loan of up to C$53.5 million ($44.4 million) to finance the construction of its 10MW 'Illumination' solar power project in Scugog, Ontario.

Dutch development bank FMO has priced its second €500 million ($534 million) green Sustainability Bond, which attracted more than $1 billion of investor interest.

US renewable energy firm Apex Clean Energy has secured a $397 million loan to finance the construction of its 299MW Kay Wind project in Oklahoma. Simultaneously, Apex announced that it had agreed to sell the facility, on completion, to Southern Power for an undisclosed sum.

The European Investment Bank (EIB) has again tapped one of its Climate Awareness Bonds (CAB), increasing its size to €1.25 billion ($1.4 billion).

Bioenergy standards for projects eligible for funding from green bonds have been released, and cover social impacts as well as environmental ones.

The UK's Green Investment Bank (GIB) is partnering with Ireland's Electricity Supply Board (ESB) as equity investors in a £190 million ($283 million) biomass power project in the port of Tilbury, near London.

The German State of North Rhine-Westphalia (NRW) has increased its sustainability bond by 50% due to its popularity with investors.

A German state hopes to issue a €500 million ($569 million) 'sustainability bond' with a focus on green investment.