News

• Societe Generale expects growth in sovereign green bond issuance - but maybe not this year

  21 September 2017

  French bank Societe Generale's head of sustainable bonds is "entirely convinced" there will be significant growth in sovereign green bonds issued in Europe in the near future.

• Green Bank Network contributes $29bn to clean energy projects

  20 September 2017

  Commitments worth $29 billion have been made since 2015 to fund clean energy projects by a group of six green banks.

• Green bond round-up, 20 September 2017

  20 September 2017

  Mexico City Airport Trust has returned to the green bond market with the biggest corporate issue to date – a two-tranche $4 billion bond – to finance what it claims will be the world's most sustainable airport.

• Total pays €237m for stake in renewable energy producer

  20 September 2017

  French oil and gas company Total has purchased a 23% stake in renewables company Eren for €237.5 million ($284 million).

• PE firm Palatine exceeds target for impact fund

  19 September 2017

  UK private equity firm Palatine has closed its first 'impact' fund, having raised £100 million ($135 million), some £25 million more than its initial target.

• 'Climate-aligned' bond market jumps 29%, says CBI

  18 September 2017

  The universe of 'climate aligned' bonds has jumped by 29% since last year, reaching $895 billion, according to the Climate Bonds Initiative (CBI).

• UK bids to consolidate 'leadership' in green finance

  18 September 2017

  The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.

• Aviva hits out at London's plans to woo Saudi Aramco

  18 September 2017

  Aviva Investors has joined the chorus of investors urging the UK not to weaken its governance laws to attract the $2 trillion initial public offering of oil giant Saudi Aramco.

• Impax to acquire sustainable investment firm Pax

  18 September 2017

  UK-based asset manager Impax is to acquire US firm Pax World Management, for an initial sum of $52.5 million, to grow its sustainable investment portfolio.

• Don't use legal risk as an excuse not to report under TCFD, says Picot

  15 September 2017

  Fear of legal action should not be used as an excuse for companies to refuse to report their climate risks, according to Russell Picot, a special advisor to the Task Force on Climate-related Financial Disclosures (TCFD).