Users of the proposed EU green bond standard (EU GBS) will be required to have their bonds verified, delegates at Environmental Finance’s ESG in Fixed Income 2019 conference were told.
Investors with almost $10 trillion in assets have begun pushing more than 700 companies, including ExxonMobil, Amazon and Volvo, to disclose better environmental impact information.
Canada’s government has been encouraged to establish a comply-or-explain approach to climate-related disclosures, introduce tax incentives to encourage green bond issuance and develop a ‘transition-oriented’ taxonomy.
Data generated by satellite imagery can help sovereign bond investors better assess environmental risks that could weaken a country's economy, a report said.
The United Nations Framework Concerning Climate Change (UNFCCC) has hired Padraig Oliver as a climate finance programme officer.
The European Commission has been urged by an EU supervisory authority to introduce regulation, rather than non-binding guidelines, in areas such as requiring sustainability-related disclosures and accreditation of green bond second opinion providers.
US investment management giant Pimco and Dutch bank ING are among four institutions to have been elected to the executive committee of the Green Bond Principles (GBPs) and Social Bond Principles (SBPs).
A mapping of how the influential Green Bond Principles' (GBPs) judgment of "greenness" corresponds with that of other standards and taxonomies has been published.
The US Federal Home Loan Mortgage Corporation (Freddie Mac) plans to enter the green bond market with a new commercial mortgage-backed security programme.
AXA Investment Managers has penned guidelines for issuing 'transition bonds', arguing that the development of this new asset class is necessary to stop the green bond market being undermined.