News

• First muni green bond since US election

  23 November 2016

  The San Francisco Public Utilities Commission is set to issue its third green bond, representing the first issuance by a US municipality since the Presidential elections on 8 November.

• KfW more than doubles 2016 total with $1.5bn green bond

  23 November 2016

  German development bank KfW has more than doubled its 2016 green bond issuance total with a $1.5 billion issue.

• Europe's oil and gas companies better prepared for low-carbon than US, says CDP

  22 November 2016

  European oil and gas companies have outperformed their US counterparts in preparedness for a low-carbon future by beginning to invest in alternative energy sources and shifting to gas, according to a report by CDP.

• First-of-its-kind 'climate-smart' food security fund launched

  22 November 2016

  Environmental investment advisor Clarmondial, corporate financial advisor Duff & Phelps and Swiss fund management services provider Pictet Asset Services have partnered to launch a first-of-its-kind 'climate-smart' food security fund.

• Danske Bank develops price differentiation for green loan

  21 November 2016

  Danske Bank has extended its first green loan with 'improved terms' to a real estate client, Fabege, because it is financing green buildings which it believes have a lower level of risk.

• NextEnergy raises £115.3m through oversubscribed share issuance

  21 November 2016

  UK yieldco NextEnergy Solar Fund (NESF) has raised £115.3 million ($142.3 million) through the issuance of 110.3 million ordinary shares, exceeding its original target of 100 million shares.

• Companies take $14bn hit from water problems in 2016, CDP finds

  18 November 2016

  The value of water-related financial impacts borne by companies soared to $14 billion last year, up from $2.6 billion the previous year.

• People Moves - Kommuninvest, PRI, GIB, Bluesource, South Pole, Impax

  18 November 2016

  Swedish public sector lender Kommuninvest has appointed senior investor relations manager Bjorn Bergstrand as its head of sustainability.

• EF BRIEFS: Swedish real estate green bond; Greencoat equity raise

  18 November 2016

  A Swedish real estate firm has returned to the green bond market with its third and largest offering, raising SEK700 million ($76 million).

• S&P green bond evaluation tool to launch 'early next year'

  18 November 2016

  S&P Global Ratings, formerly known as Standard & Poor's, will launch its green bond evaluation tool early next year, after beefing up its methodology for adaptation technologies, Environmental Finance can reveal.