Archive

GFI to develop nature projects supply

NMB Bank raises $157m from largest sustainability bond in East Africa

Tanzanian lender NMB Bank has raised $157 million from a significantly upsized dual-currency sustainability bond, making it the largest sustainability bond issued in East Africa to date.

A Fair Cop?

Promising initiatives were announced at COP28, but these are only scratching the surface of the opportunity, writes Kieron Boyle

Japan confirms February transition bond auction debuts

Updated: Financial institutions partially exempt from supply chain due diligence under 'milestone' rules

The finance sector will be exempt from carrying out environmental and social due diligence of companies 'downstream' in the supply chain under newly agreed EU rules, in a victory for lobbyists who claimed it would add disproportionate costs and unfairly expose institutions to legal claims.

ICMA publishes ESG ratings and data code of conduct

The International Capital Market Association (ICMA) has published a voluntary 'code of conduct' for ESG ratings and data products.

Water to be a 'critical issue' for 2024, predicts Redwheel

Water is to be a 'critical issue' in the year ahead, and biodiversity is expected to become a key regulatory requirement and investment opportunity, Redwheel has predicted.

Loan round-up: Ecobank, Saint-Gobain, CDB Aviation ... and more

Swiss Re acquires flood modelling business

Reinsurance provider Swiss Re has acquired UK-based water risk intelligence and flood modelling business, Fathom, for an undisclosed sum.

HKMA confirms it is 'fine-tuning' final Hong Kong taxonomy