Archive

Carbon removal firm Climeworks raises $162m

EU's 2040 climate target needs to be backed by sectoral transition roadmaps, PRI says

Article 6 given red light within EU ETS

The European Commission will not allow use of Article 6 credits within its Emissions Trading Scheme (ETS) but confirmed their eligibility for helping national governments hit their targets after setting out new 2040 climate goals.

Japan's planned ETS has spurred carbon credit price rise, says government agency

High-emitting companies who are set to be in scope of Japan's national emissions trading system (ETS) from next year have already begun buying carbon credits and driven price rises, according to the head of Japan's Green Transformation (GX) Acceleration Agency.

IDB, World Bank launch 'Amazonia Bond' programme with $1bn deal plan

The Inter-American Development Bank (IDB) has announced plans to raise $1 billion from a debut 'Amazonia Bond' after it launched a new sustainable bond issuance platform focused on the Amazon with the World Bank.

Japan hoping asset owners loosen mandates to invest in transition debt

International investors have not bought Japan's world first sovereign transition bonds at the rate the country hoped - partly because of restrictive mandates from asset owners, according to the head of Japan's Green Transformation (GX) Acceleration Agency.

Japan mulled delayed phase-in of ISSB after EU's Omnibus

A working group discussing implementation of rules based on Sustainability Standards Board of Japan (SSBJ) standards considered delaying a planned phase-in after the EU published its Omnibus simplification package, according to an observer.

GCF approves anchor investment in €3bn public-private EM green bond fund

The Green Climate Fund (GCF) has approved a €200 million ($235 million) anchor investment in a public-private emerging market (EM) green bond fund developed by the EU-led Global Green Bond Initiative (GGBI).

Sustainable debt round-up: BPIfrance, Snam, Aliro Group ... and more

Execution overtakes disinterest as barrier to nature investment, says Pollination

Issues around execution of nature investment strategies - such as a lack of returns, pipeline and capability - have become the biggest barrier for nature investing, a Pollination survey has found.