Archive

  • Carbon pricing revenues exceeded $100bn in 2023, says World Bank

    21 May 2024

    Revenues from carbon pricing exceeded $100 billion in 2023, the World Bank has found, but it warned policymakers are not moving fast enough to put a price on carbon.

  • MDBs set to increase GSSS commitments, Sustainable Fitch claims

    26 April 2024
  • World Bank releases 'game-changing' streamlined impact metrics

    11 April 2024

    The World Bank has released a new impact outcomes 'scorecard' which will be deployed across all its institutions for the first time, which was described as "game-changing" for the development bank.

  • Climate Bonds Initiative names advisory board, to consult on new climate resilience taxonomy

    29 February 2024
  • World Bank: Expect 'more and bigger' outcomes-based bonds

    09 February 2024

    Following the Bank's recent plastic waste reduction bond, Michael Bennett tells Ahren Lester that its ambitions are growing

  • World Bank issues $100m plastic waste reduction-linked bond

    26 January 2024

    The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.

  • COP28: Sovereign sustainability-linked finance task force launched

    05 December 2023

    Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

  • COP28: We need carbon markets, say Carney, Kerry and Banga

    04 December 2023

    Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.

  • World Bank: 'Save' SLBs with stricter standards and scrutiny

    30 August 2023

    The World Bank said there are encouraging signs that the quality of sustainability-linked bonds (SLBs) is improving, but standard-setters, external reviewers and regulators also need to up their game to support the "revival".

  • 'Landmark' Global Biodiversity Framework fund launched - but with $40m shortfall

    29 August 2023

    A 'landmark' Global Biodiversity Framework fund was finally given the go ahead, but after just two governments made funding commitments, a further $40 million needs to be found by the end of the year.