News

Article 6 'critical to attracting external finance for Ugandan carbon platform'

Alignment with Article 6 of the Paris Climate Agreement will be critical to attracting private finance to carbon projects, Environmental Finance has heard, as banks begin to move into the market.

Social risk 'blind spot' in banks' CSRD reports flagged in study

A 'blind spot' in banks' reporting in line with EU regulation means many fail to report adequately on their exposure to 'social' risks and may be a breach of guidance from the bloc's banking supervisor, according to researchers.

Czech Republic issues 'important' social bond debut

The Czech Republic has raised CZK14 billion ($677 million) from a rare sovereign social bond in a debut sustainable bond deal the Central European country described as an "important step" for the development of its sustainable finance plans.

People Moves, 3 October: Monetary Authority of Singapore, Man Group, Foresight ... and more

Oxygen Conservation acquires Scottish estate from Brewdog

Natural capital asset manager Oxygen Conservation has acquired a nearly 10,000 acre estate in from Scottish brewer Brewdog for an undisclosed sum.

Nature engagement tool for banks launched

A tool to help banks engage with their clients on nature has been launched by the UN Environment Programme Finance Initiative (UNEP FI).

'Debt-for-nature swaps have additionality but lack impact attribution'

From Jennifer Forrest at the Building Bridges conference in Geneva.

NZBA 'to cease operations immediately'

The Net Zero Banking Alliance (NZBA) is to "cease operations immediately" after members voted to transition from a member-based alliance to a framework.

A full rebirth of SLBs is unlikely, says ING

The outlook for sustainability-linked bonds (SLBs) looks increasingly uncertain and may potentially become a structure mainly used by issuers in peripheral markets, according to ING.

AI necessary to build ocean datasets, says GIST

Artificial intelligence (AI) will be critical to building ocean datasets and tools, GIST Impact and HUB Ocean have told Environmental Finance, as they prepare for the blue finance market to scale.