Co-chairs confirmed for TNFD working group
Three co-chairs have been nominated to lead the Informal Working Group (IWG) that is tasked with launching a work plan for the Task Force on Nature-related Financial Disclosures (TNFD):
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).
Principles for Responsible Banking launched with backing of 28 banks
The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.
Sustainable banking principles to be launched in November
Banks from five different continents have joined forces to redefine the sector's purpose, in alignment with the UN Sustainable Development Goals (SDGs) and the Paris Agreement.
Green Bond Comment, March
At least $28 billion of new green bonds were issued in the first three months of 2018, according to preliminary data from the Environmental Finance Green Bonds Database.
Yes Bank of India commits $5bn for domestic solar projects
India's Yes Bank has committed $5 billion towards financing solar energy projects in the country.
IREDA issues INR19.5bn masala bond and vows to smash renewables target
A INR19.5 billion ($300 million) green "masala" bond has been issued by state-owned enterprise Indian Renewable Energy Development Agency (IREDA) - and the government says will play a key role in helping India smash its ambitious 175GW renewables target.
Green bond comment: Back to work!
The summer holiday is over for the green bond market.