EU becomes largest sustainable bond issuer
The EU has become the largest sustainable bond issuer in the world, with total issuance by the bloc surpassing €119 billion ($141 billion) in less than two years.
96% of carbon prices do not cover 2030 targets
The World Bank has found that less than 4% of global emissions are currently covered by a direct carbon price within the range needed by 2030, despite a year of record growth for Emission Trading Schemes (ETSs).
Microfinance groups to be scored on social impact
A public index to compare the social impact of 72 microfinance institutions (MFIs) will be released in June, in the world's first microfinance social inclusion index.
Colombia publishes 'milestone' national green taxonomy
Colombia has become the first American country to publish a national 'green' taxonomy, with the list of sustainable activities also including a ground-breaking emphasis on land use.
Milestone 'rhino' bond delivers 'sustainability squared'
Investors seeking 'additionality' should be excited by the ground-breaking 'rhino' bond, the World Bank tells Ahren Lester
IBRD issues innovative 'pay-for-success' rhino bond
The International Bank for Reconstruction and Development (IBRD) has raised $150 million from a ground-breaking 'pay-for-success' sustainable development bond to support rhino conservation in South Africa.
Malaysian central bank warns of nature-related risks
Malaysian banks are exposed to sectors which face high nature-related financial risks, the country's central bank has warned.
Environmental risk regulations tightened in Nepal
Environmental and social risks will have to be considered by banks and financial institutions under new requirements from the Nepalese central bank.