Archive

  • Abu Dhabi Islamic Bank readies debut green sukuk ahead of COP28

    08 November 2023

    With COP28 looming, Abu Dhabi Islamic Bank (ADIB) has mandated five banks to market its debut US dollar-denominated green sukuk deal.

  • Technology-based solutions 'could bring credibility to the carbon market'

    07 November 2023

    Technology-based solutions could help bring more credibility to the voluntary carbon market, and play a pivotal role in the Article 6 mechanism expected to be thrashed out at COP28, a project developer has said.

  • Blueprint for 'loss and damage' fund drawn up ahead of COP28

    06 November 2023

    A preliminary design for the controversial 'loss and damage' fund has been sent to COP28 negotiators - but the proposal lacks the support of the US, casting doubt over whether it will be agreed at the summit next month.

  • Investors 'trapped in quandary over whether 1.5°C is achievable'

    27 October 2023

    Investors are "trapped" in a quandary of working towards targets based on keeping warming to 1.5°C, while confidence evaporates that countries and companies are reducing emissions at a fast enough rate to do so, an asset owner has warned.

  • Ninety One: Transition perpetuating 'climate colonialism'

    26 October 2023

    Efforts to encourage emerging markets to transition often perpetuate "climate colonialism" and set "uneven goalposts", Ninety One has told Environmental Finance.

  • Middle East sustainable bond issuance surges ahead of COP28

    23 October 2023

    Total sustainable bond issuance from Middle East issuers is already at a record annual total in 2023 as corporates and sovereign issuers set new highs ahead of what could be a busy final three months.

  • Further clarity on Article 6 methodology on its way, says IETA initiative

    13 September 2023

    Further clarity is expected soon on which methodologies will be used to define eligibility for the UN's carbon credit market, as well as how existing voluntary guidance could be 'absorbed' by the new market, the Climate Action Data Trust (CAD Trust) has said.

  • 'Landmark' Global Biodiversity Framework fund launched - but with $40m shortfall

    29 August 2023

    A 'landmark' Global Biodiversity Framework fund was finally given the go ahead, but after just two governments made funding commitments, a further $40 million needs to be found by the end of the year.

  • Fitch: Amazon summit sets stage for 'confrontational COP28'

    21 August 2023

    Sustainable Fitch said the stage was set for a "more confrontational COP28," after "strong demands" were made at a regional summit on the sustainable development of the Amazon around developed country financing support and rising concern around regulation.

  • Fitch praises UAE green bond fee exemption

    07 June 2023

    The exemption for United Arab Emirates (UAE) issuers of some sustainable bonds from registration fees will support progress on sustainability in the region, ahead of the country's COP28 presidency, a Sustainable Fitch executive has said.