Archive

BNP Paribas launches first blue economy ETF

BNP Paribas Asset Management has launched the first exchange-traded fund focused on the blue economy, with the €35 million fund investing in listed equities that contribute to the sustainable economic use of the ocean resources

Hydrogen's explosive potential to green the economy

'Green' hydrogen promises many benefits to help decarbonise our economies, but it may need EU carbon prices to be five times higher by 2030. Ahren Lester reports.

The biggest announcements so far from Climate Week

As Climate Week draws to a close, here are some of the most important announcements from an event defined by the coronavirus pandemic.

Green bond comment: September 2020: Sustainable loans market should learn a transparency lesson from bonds

The sustainable loan market is emulating the labelled bond market in terms of its rapid growth. But the same cannot be said of the level of information it offers, laments Ahren Lester

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Siemens Gamesa inks medical research supporting bank guarantee

Wind turbine maker Siemens Gamesa signed an innovative €600 million bank guarantee line to cover the component construction for the world's largest offshore wind farm, with the premium on the deal used to finance a cancer research project.

Siemens Gamesa links €2.5bn loan to sustainability performance

Wind turbine manufacturer Siemens Gamesa has agreed to link the margin on its main financing facility to its performance against sustainability criteria.

Foresight snaps up first Nordic wind farm project

Cubico agrees first green loan for Italian wind assets

Renewables firm Cubico Sustainable Investments has achieved financial close on its first green loan for the refinancing of three wind assets in Italy.

Capital goods sector 'disappoints on reporting Scope 3 emissions'

The capital goods sector's disclosure and management of Scope 3 emissions is poor, and lags that of the autos sector, a report has found.