News

EU carbon market weekly update - 06 November 2017

A positive outcome from Wednesday's trilogue meeting could result in lower EU Allowance (EUA) prices if speculators 'sell the fact after 'buying the rumour'', says Louis Redshaw.

€500m Barclays green bond marks first for UK market

UK-based bank Barclays plans to issue a €500 million ($579 million) green bond this month, making it the first of the country's banks to enter the market.

Several banks still funding tar sands projects

A number of commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement targets, according to environmental organisation Rainforest Action Network (RAN).

Last chance to vote in Environmental Finance Market Rankings

Voting in Environmental Finance's Annual Market Rankings – the most closely watched survey of the world's environmental markets – will close at midnight tomorrow (Tuesday 7 November).

Growing shareholder support for climate action still "a work in progress"

Shareholder support for climate risk initiatives has surged in 2017 but some of the world's largest asset managers have only just started taking action, according to a report by 50/50 Climate Project.

UK joins the push for green standards

The UK's climate change minister has hinted that the UK may consider issuing a green bond - once standard definitions of sustainable and green finance have been drawn up.

UK climate minister refuses to commit to EU ETS

UK climate change minister Claire Perry refused to commit the country to carbon trading after it leaves the EU, arguing that the EU emissions trading scheme (ETS) has failed to deliver "an accurate price signal".

"Non-breakthrough" COP23 to make progress on Paris rulebook

The main achievement expected at the Bonn climate conference starting on Monday is progress on preparing a 'rulebook' that will lay out how to implement the Paris Agreement.

IFC highlights seven growth sectors created by the Paris Agreement

Voting in Environmental Finance's 18th Annual Market Rankings closes soon

Voting has begun in the Environmental Finance Annual Market Rankings – the largest and most closely watched survey of the world's environmental markets.