• World Bank issues 'unique' carbon credit-linked bond

    15 February 2023

    The World Bank has raised $50 million from an outcomes-based bond which links its coupon payments to verified carbon credits generated by a water purification project, described as a "unique" and "important" deal by investors backing the transaction.

  • World Bank sees 'global interest' in sovereign sustainability-linked bonds

    03 February 2023

    The World Bank hopes to fuel "global interest" among sovereigns in issuing sustainability-linked bonds (SLBs), and the development bank is rapidly expanding its initiatives to support the market

  • World Bank, Banco do Brasil launch $500m sustainability-linked loan project

    05 January 2023

    The World Bank has agreed a $500 million package to support lending through sustainability-linked finance to Brazilian firms via Banco do Brasil,...

  • Four action areas to help close the gap in nature finance

    01 January 2023

    Financing for the nature crisis will be as critical as the climate crisis and needs urgent attention, argue Soumya Balasubramanya, Elisson Wright and Raffaello Cervigni

  • Global carbon credit registry integration project launched

    07 December 2022

    The International Emissions Trading Association (IETA), World Bank and Singapore have launched a open-source project to improve interoperability of global carbon credit registries.

  • UN plans 'restoration taxonomy' to boost private sector funding

    18 November 2022

    A UN-led initiative is planning to develop a taxonomy of ecosystem restoration activities in order to scale finance for projects from both the private and public sector, amid a significant funding gap.

  • World Bank warns of SLB greenwashing risk from 'structural loopholes'

    25 October 2022

    The World Bank encouraged the market to consider expanding the role of external reviewers for sustainability-linked bonds (SLBs) to cover their structure, after research identified "structural loopholes" which pose a greenwashing risk for the market.

  • ESG in Fixed Income Americas conference: Highlights

    04 October 2022

    The in-person conference attracted more than 300 delegates and continued to demonstrate the growing momentum for sustainable finance in the region, writes Ahren Lester