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COP29: €3bn public-private fundraise planned for emerging market green bond fund

The EU-led Global Green Bond Initiative (GGBI) is preparing to raise €3 billion ($3.2 billion) for a fund which will serve as an "anchor investor" in emerging market (EM) green bonds, the European Investment Bank (EIB) told a side event at the UN COP29 climate summit.

Sustainable debt round-up: New Development Bank, Neinor Homes, Huhtamäki ... and more

COP29: Climate finance vehicle prepares for inaugural bond issue

An innovative climate finance vehicle has signalled that it is ready to issue its first bonds, although they are not expected to be labelled 'green'.

Odfjell: No 'lookback' period is 'important' for transition loans

'Transition loan' pioneer Odfjell said the focus on having little to no lookback period for eligible investments was "important" for transition finance instruments, but it does require companies to make a "clear commitment" around future investments.

Ducking public Scope 3 targets in SLBs 'tarnished' market

Although Scope 3 emissions targets are "tough," a sustainable bond investor said cases of sustainability-linked bond (SLB) issuers with public targets related to material Scope 3 emissions "tarnished" the market by not including them in their bond deal.

Slovenia 'contemplating' first sovereign SLB in Europe

Slovenia is considering issuing a sustainability-linked bond (SLB) which could become the first sovereign issuance of the performance instrument in Europe.

Thailand plans landmark debut sovereign sustainability-linked bond

Thailand is planning to raise up to THB30 billion ($890 million) from its inaugural sustainability-linked bond, making it just the third sovereign issuer of the performance-based instrument and the first in Asia.

Sustainable debt round-up: UK, JFK Airport, Vattenfall ... and more

EU green bond market expected to 'pick up' after recent share 'dip'

The European Environment Agency (EEA) expects the share of corporate and government green bonds in the EU bond market to "pick up" in the future after 2023 saw the first decline in market share contraction since 2018.

Natixis: Repos invaluable for 'working sustainable assets harder'

Sustainable repos are increasingly being recognised for their value in "working sustainable assets harder," according to Natixis - including "crowding in" underutilised asset categories in the sustainable bond market.