Spain's ICO to join Clean Oceans Initiative

Spanish development bank, Instituto de Credito Oficial, has commitment to join the Clean Oceans Initiative which aims to finance €2 billion ($2.2 billion) of projects targeting marine pollution, particularly plastic waste.

EU carbon market update, 21 October

Brexit remains the focus of attention in the EU Allowance (EUA) market this week and further volatility looks the most likely scenario, says Louis Redshaw*

Green bond market on track to hit $1trn next summer, says SEB

Cumulative issuance of green bonds, since the market began in 2007, has reached $800 billion which means "we should reach the $1 trillion market next summer," according to Christopher Flensborg, head of climate and sustainable finance at SEB.