Ahren Lester

Articles by Ahren Lester

  • 'Big divergence' between implied temperature rise metric providers, ABN Amro says

    01 February 2024

    There is significant inconsistency in the outputs of implied temperature rise (ITR) metrics from major providers, according to ABN Amro - meaning investors should take these scores with a "pinch of salt," and regulators should step in.

  • AfDB: 'Record' orderbook for landmark 'sustainable hybrid' bond

    31 January 2024

    The African Development Bank (AfDB) said its ground-breaking debut 'sustainable hybrid' capital bond attracted a "record" orderbook for the multi-lateral development bank (MDB), with the $750 million deal more than eight-times oversubscribed.

  • Jamaica Stock Exchange to have sustainable bond framework by June

    31 January 2024
  • Direct lending - the next frontier for SLLs?

    31 January 2024

    There could be more bilateral sustainability-linked loans, but Alcentra tells Ahren Lester that uncertainty over the structure and market fragmentation remain headwinds

  • BADEA issues social bond for debut bond deal

    31 January 2024

    The Arab Bank for Economic Development in Africa (BADEA) issued a social bond, as it marked the "significant milestone" of its first ever bond issuance.

  • UK to raise £2.5bn from first 2024 green bond deal

    31 January 2024

    The UK will raise £2.5 billion ($3.2 billion) from a tap of its 2053 sovereign green bond in an auction to take place next week, marking the start of its 2024 sustainable bond issuance after a record-breaking 2023.

  • AfDB launches ground-breaking 'sustainable hybrid' bond

    30 January 2024

    The African Development Bank (AfDB) has launched the first 'sustainable hybrid capital' bond from a multi-lateral development bank (MDB).

  • S&P DJI to create carbon budget-focused index for PenSam

    30 January 2024
  • Texas brands Barclays 'fossil fuel boycotter' alongside muni bond ban

    29 January 2024

    The Attorney General of Texas has banned Barclays from underwriting municipal bonds in the oil rich US state after it classified the UK-listed bank as being a "fossil fuel boycotter".

  • 'Mixed' climate disclosure regulation 'impacting sustainable bond issuance'

    26 January 2024

    Emerging climate disclosure regulations are keeping some issuers "on the sidelines" of sustainable bond markets, according to Moody's Investors Service - but the shift to mandated disclosures should spur more issuance over the long-term.