'Blue bonds' could finance fish stock recovery
Planet Tracker has proposed a 'blue bond' could be used to finance the replenishment of fish stocks by subsidising fishing firms to reduce capacity to allow population recovery.
BlueOrchard sees strong H1 despite Covid-19
Impact investment manager BlueOrchard has reported a strong first-half performance, despite the Covid-19 pandemic.
Task Force on Nature-related Financial Disclosures working group announced
Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).
World Bank launches EM green taxonomy development guidelines
The World Bank has published a guide for Emerging Market (EM) financial regulators that outlines the process required to develop their own taxonomy on activities and assets that can be deemed 'green'.
IFC elected chair of GBP/SBP excom
The International Finance Corporation (IFC) has been elected chair of the executive committee (excom) of the green, social and sustainability-linked bond principles
Fossil fuel reserve profits 'could fall by two-thirds'
Falling demand and rising investment risk is forecast to slash profits from fossil fuel reserves, research by Carbon Tracker reported, estimating they could collapse by almost two-thirds.
HSBC and IFC real economy green bond fund raises $470m
HSBC Global Asset Management (HSBC GAM) and the International Finance Corporation announced their green bond fund targeting "real economy" assets has raised more than $470 million following its third close.
IBRD launches first sustainable development bond impact report
The International Bank for Reconstruction and Development (IBRD) has published its first impact report covering all bond issuances and the entire portfolio of IBRD's development activities.
Covid-19 triggers payout on World Bank's pandemic bonds
The World Bank has confirmed market expectations that the Covid-19 outbreak has triggered the pandemic catastrophe bonds issued by the bank's Pandemic Emergency Financing Facility (PEF).
Winners revealed in Environmental Finance's Bond Awards 2020
Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.