-
ESG in Fixed Income Global Series - Innovation showcase roundup
11 May 2021The topic of transition bonds was a recurring theme at Environmental Finance's Innovation showcase conference - the second of six events in the ESG in Fixed Income Global Series of conferences.
-
Transition bonds may 'not survive' amid lacklustre adoption
10 May 2021The future of 'transition' bonds as a separate label remains uncertain, as market experts questioned the validity of the instrument, despite acknowledging the importance of the sustainable bond market supporting the shift to a low-carbon economy.
-
Japan's FSA publishes bond & loan 'transition finance guidelines'
07 May 2021Japan's Financial Services Agency (FSA) has published Basic guidelines on climate transition finance, with the aim of encouraging "more funds for activities that contribute to achieving [the national government's goal of] 2050 carbon neutral[ity]".
-
ICMA confirms further transition finance guidance 'underway'
07 May 2021The International Capital Market Association (ICMA) has confirmed that work to provide further guidance on its climate transition finance handbook is "underway," with the first update expected in June.
-
Handbook for transition finance calls for science-based pathways
09 December 2020The Green and Social Bond Principles has issued a handbook providing guidelines for issuers of climate transition finance, and calling for an issuer's climate strategy to reference science-based targets and transition pathways.
-
ECB gives green light to sustainability-linked bonds
23 September 2020The European Central Bank (ECB) has announced that sustainability-linked bonds (SLBs) will be eligible as collateral and for its asset purchase programmes from 2021, delivering an important boost to the nascent asset class.
-
Sustainability-linked Bond Principles mark new era for bond market
09 June 2020A set of Sustainability-linked Bond Principles (SLBP) was launched today, in a landmark move that is expected to kickstart a new market of labelled bond issuance that will "complement rather than act as an alternative" to the green bond market.
-
Covid-19 bonds expose limitations of EU Green Bond Standard, says ISS-ESG
14 April 2020The flurry of new bonds raising funds to tackle the Covid-19 pandemic are examples of innovative debt products that are outside the scope of the EU's proposed Green Bond Standard (EU GBS), noted ISS ESG, a specialist ratings and advisory firm.
-
External reviewers under EU green bond standard will 'still have some flexibility'
14 April 2020Verifiers under the EU Green Bond Standard (EU GBS) would still have some flexibility in how they reach their conclusions, a member of the EU's Technical Expert Group on Sustainable Finance (TEG) has argued.
-
Expect limit to EU Taxonomy alignment by global peers
19 March 2020Partial alignment with the EU Taxonomy by some international peers may be the most investors can expect in the future, although the European Commission will promote international convergence on 'green' standards.