News

• EU carbon market weekly update - 12 February 2018

  12 February 2018

  EU Allowances could continue their recent gains this week, but resistance is likely around €9.56, says Louis Redshaw

• Blended finance must unlock more private capital for SDGs, OECD suggests

  12 February 2018

  Blended finance is "trending" among development banks, but it must unlock more private capital to address the Sustainable Development Goals (SDGs), according to the Organisation for Economic Cooperation and Development (OECD).

• ICAO under pressure to 'improve' rules on aviation's carbon market

  12 February 2018

  Transport & Environment (T&E), a European NGO, is urging national governments to demand "an improvement in the environmental effectiveness" of the aviation industry's forthcoming carbon market.

• European green bond fund AUM nears €3bn

  12 February 2018

  The value of European-domiciled green bond funds grew to €2.8 billion ($3.4 billion) at the end of 2017, having almost doubled in the past two years.

• Danish pension fund PKA engaging with 64 oil and gas giants on climate

  09 February 2018

  Danish pension fund PKA has said divestment is a possibility for 64 oil and gas companies with which it is currently engaging on climate-related issues.

• Belgian green bond eyes more than €3bn as framework is unveiled

  09 February 2018

  Belgium's much anticipated green bond issue is expected to raise more than €3 billion ($3.68 billion) and proceeds will be used for investments in five sectors.

• People moves: ICMA, JP Morgan and BIG

  09 February 2018

  The International Finance Corporation's (IFC) Esohe Denise Odaro has taken a secondment at the International Capital Markets Association (ICMA), where she is director in the Green Bond Principles/Social Bond Principles (GBP/SBP) secretariat.

• Chinese green bond market needs to grow further

  09 February 2018

  Green bond issuance from China has to grow tenfold in just three years if the country is to have a large slice of the $1 trillion target per year by 2020, a report has argued.

• Three yieldcos sold in less than a week

  08 February 2018

  A yieldco sale frenzy over the past couple of days has seen deals struck to buy NRG Yield, 8point3 and Saeta Yield.

• Insurers slammed for backing Polish coal plants

  08 February 2018

  Allianz, Munich Re and Generali have been criticised for their involvement in a new coal power plant in Poland, while Axa and Aviva are also under fire for the limitations of their coal divestment policies.