-
Bank of China raises CNY2.5bn from ground-breaking 'SGS' sustainable bond
28 August 2024Bank of China (BoC) has raised CNY2.5 billion ($351 million) from the first 'sustainability-linked, green, and social loan' (SGS) bond issued under its innovative framework which follows the publication of recent ground-breaking market guidance.
-
Climate lobbying among most powerful levers to address 'frightening' climate risk - Railpen
28 August 2024Pushing oil and gas companies to align their climate lobbying with decarbonisation targets is one of the most powerful levers for addressing a "frightening" acceleration in climate risk in institutional investors' investment portfolios, according to Railpen.
-
Limited funding for UK energy generation solutions, says SDCL
28 August 2024Energy generation remains underfunded despite broader investor interest in backing energy transition themes, Sustainable Development Capital's founder has told Environmental Finance.
-
Trump victory could see EV makers bear brunt of weakened IRA, says MUFG
27 August 2024Subsidies for the purchase of electric vehicles (EVs) are among areas of the Inflation Reduction Act (IRA) set to be most at risk if Donald Trump wins re-election later this year, according to researchers at MUFG.
-
Jordan Ahli Bank issues 'landmark' first sustainability bond
27 August 2024Jordan Ahli Bank (JAB) has raised $50 million from the first sustainability bond by a Jordanian issuer.
-
Better data, fewer indices needed to drive ETF flows, says IIA
26 August 2024Improvements in ESG data will lead to better indexes for asset managers, but to drive more flows into the industry, investors must coalesce around fewer definitions, according to the Index Industry Association.
-
Development Bank of Rwanda readies second sustainability-linked bond
23 August 2024The Development Bank of Rwanda (BRD) is planning to raise up to RWF35 billion ($26 million) from its second sustainability-linked bond (SLB), less than a year after its landmark debut.
-
Canada transition finance market awaits if Taxonomy gets 'unstuck'
23 August 2024Pent-up demand for transition finance in Canada could be released if the government can get "unstuck" with its long-awaited transition-focused taxonomy later this year, but challenges around the role of gas continue to hold progress back.
-
SIX launches 'climate equity flag' for companies
23 August 2024SIX has launched a new Paris Agreement-aligned climate flag for companies who are listed through the Swiss financial exchange firm, with S&P Global Ratings and SGS the first approved reviewers for the scheme.
-
'Greenium' persists for €3bn KfW green bond
22 August 2024KfW reported the 'greenium' on its €3 billion ($3.3 billion) green bond persisted after the deal was more than twice oversubscribed by investors, with the German development bank already reaching its 2024 green bond funding target.