News

• People moves: Inrate, Natural Power, Crédit Agricole

  06 March 2017

  Swiss sustainability rating agency Inrate has appointed Beat Zaugg and Lotte Knuckles to its board, bringing the total number of board members at the company to four.

  

• IFC streamlines its social bond programme

  06 March 2017

  The International Finance Corporation (IFC) is combining its two 'socially responsible' bond programmes to enable it to issue more 'benchmark' size social bonds.

• TCFD could help companies deal with first mover risk when it comes to climate disclosure

  03 March 2017

  The Financial Stability Board's Task Force for Climate-Related Financial Disclosures (TCFD) recommendation that companies should use scenario analyses in their reporting could reduce the competitive risks attached to revealing strategically sensitive data.

• Water potential is in Africa rather than China

  03 March 2017

  Africa, rather than China, is where growth potential in water lies, according to a manager of one of the leading water funds.

• MIDIS and Santander provide Banks Renewables £210m debt package

  03 March 2017

  Macquarie Infrastructure Debt Investment Solutions (MIDIS) and Santander have provided a £210 million ($258 million) debt package to Banks Renewables, the renewable energy division of property and energy business, Banks Group.

• Iberdrola upsizes green bond to €1bn

  02 March 2017

  Spanish utility Iberdrola has priced its second €1 billion ($1.06 billion) green bond. The bond, its fifth green issuance in total was upsized from an initial €750 million.

• California carbon market sells just 16.6% of allocation

  02 March 2017

  California and Québec's carbon market collapsed again, with just 12.4 million, 16.6%, of the 74.8 million tonnes of allowances available at the Cap-and-Trade Program sold at last month's auction, at the 'floor price' of $13.57 a tonne.

• World's first green bond ETF launches

  01 March 2017

  The world's first green bond index-linked exchange traded fund (ETF) is set to be launched is set to be listed on the Euronext Paris Thursday, after it received the green light from EU regulators.

• Judicial review sought over sale of GIB

  01 March 2017

  A firm vying to acquire the UK's Green Investment Bank (GIB) has launched a legal challenge in the High Court over the government's decision to award Australian bank Macquarie Capital preferred bidder status.

• Green bond round-up, 1 March 2017

  01 March 2017

  National Australia Bank (NAB) has issued a €500 million ($526 million) green bond, the largest from an Australian issuer.