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Japfa: SLBs need to offer issuers 'more carrot than stick'
03 January 2024A ground-breaking sustainability-linked bond (SLB) issuer has hit back against investor demands for larger penalties for missing targets associated with the performance-based instrument, arguing that the market needs to offer "more carrot than stick" for issuers.
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EU green building label deal avoids 'bad taste' in green bond market - but delays harmonisation
21 December 2023A loophole introduced to the proposed harmonisation of the EU Energy Performance Certificate (EPC) regime for buildings has prevented a "bad taste" among investors regarding some bank green bonds, but retains fragmented 'green' building designations, ABN Amro has said.
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Swiss Re acquires flood modelling business
14 December 2023Reinsurance provider Swiss Re has acquired UK-based water risk intelligence and flood modelling business, Fathom, for an undisclosed sum.
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Winners of the 2023 Impact Awards revealed
13 December 2023The winners of Environmental Finance's 2023 Impact Awards have been announced.
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Hong Kong green taxonomy due 'very soon'
12 December 2023The first version of the Hong Kong green taxonomy is due to be published "very soon" with the expectation it will be expanded into transition activities, according to a senior official at the financial regulator.
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MAS launches ESG rating code of conduct
07 December 2023The Monetary Authority of Singapore (MAS) has published a code of conduct for ESG rating and data providers, in a bid to improve transparency and comparability between methodologies and products.
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Fewer than one in five countries have 1.5°C aligned targets, investor-led analysis reveals
07 December 2023Only four countries among a group of 25 studied have emissions reduction targets that align with the Paris Agreement's goal to limit warming to 1.5°C, according to analysis by an investor-led project.
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Green loans expected to take 'larger slice of pie' in 2024
06 December 2023Sustainability-linked loans (SLLs) are expected to be the main driver of sustainable loans growth in 2024 despite green loans taking a "larger slice" of the market, the Loan Market Association (LMA) has revealed.
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COP28: Sovereign sustainability-linked finance task force launched
05 December 2023Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.
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SocGen raises €10m from first 'blockchain' green bond
05 December 2023Société Générale has raised €10 million ($11 million) from its first digital green bond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for green bond issuers and investors.