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Verdane, Södra back Nordic carbon capture and offsetting business
18 June 2024Private equity investor Verdane has provided two years of funding in carbon removals business Njord Carbon, alongside Swedish forest owner association Södra.
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EU Green Bond Standard is 'quite tricky' - especially for sovereigns, says CA-CIB
18 June 2024Issuing green bonds using the EU Green Bond Standard (GBS) is "quite tricky" and is unlikely to see a lot of issuance except among a "handful" of issuers in the near term, according to Crédit Agricole Corporate & Investment Bank (CA-CIB).
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ShareAction calls for stronger asset manager approach to fossil fuels
18 June 2024Asset managers must take a more robust approach to fossil fuel -producing companies, according to a new paper from ShareAction, as current policies could harm the transition to a lower-carbon economy.
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US IRA set to stimulate $250bn of investment this year, says Barclays
17 June 2024More than $70 billion has been invested in clean energy projects backed by the US Inflation Reduction Act (IRA) in the first three months of 2024, as manufacturing investments ramp up, according to Barclays.
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GSAM backs SLBs with step-downs
17 June 2024A major sustainable bond investor has urged investors and asset owners to seriously consider sustainability-linked bonds (SLB) with a step-down coupon on achieving or outperforming targets, as it is a "better structure" for the performance-based instrument.
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Issuers should 'use more Opex in green bonds,' says GSAM
17 June 2024Goldman Sachs Asset Management (GSAM) said green bond issuers should look to use more operational expenditures (Opex) in their use-of-proceeds allocation to help grow the market.
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Qatar Central Bank publishes 'important' financial sector sustainability strategy
13 June 2024The Qatar Central Bank (QCB) has published its sustainability strategy for the financial sector, which includes plans to develop a sustainable taxonomy and guidelines for sustainable debt instruments - including sukuk.
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Regen agriculture report highlights financing challenges
13 June 2024Regenerative agriculture will need to go through a "maturity curve", advisory and investment firm Pollination has said, arguing that large institutional capital and concessional finance will need to enter the market at scale.
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Market not recognising timberland's full sustainability benefits
13 June 2024Current investment approaches to timberland fail to adequately recognise the main sustainability benefits of the asset class and are hindering scalability, investors warned.
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Proprietary nature data holding back AI development
12 June 2024Keeping nature data as exclusive information is hindering the potential impact of artificial intelligence, a Belgian nature investor has warned.