News

• Carbon needs to decline by 2020 to meet Paris target, says IEA

  17 November 2016

  Carbon emissions from the energy sector need to peak and start to decline by 2020 to stick to the Paris Agreement goal of limiting global temperature increase to 2°, according to the International Energy Agency (IEA).

• Most investors lack understanding of ESG impact, says RBC GAM

  17 November 2016

  The financial impact of environmental, social and governance (ESG) factors is not understood by most investors, according to RBC Global Asset Management (GAM).

• Morocco's sovereign wealth fund and World Bank launch Green Africa Fund

  17 November 2016

  Ithmar Capital, Morocco's sovereign wealth fund, and the World Bank have signed an agreement to launch what they claim is the first pan-African green investment fund.

• GIB issues first Green Bond appraisal

  16 November 2016

  Moroccan lender Banque Centrale Populaire (BCP) is the first green bond issuer to use the Green Investment Bank's (GIB) Green Impact Report appraisal.

• Green bond proposed for flood prevention in UK

  16 November 2016

  Green bonds could be an efficient, cost effective, way to fund flood protection measures in the UK county of Cumbria, advocates say.

• UK's GIB reaches third close on offshore wind fund

  16 November 2016

  The UK's Green Investment Bank (GIB) has reached a third close on its offshore wind fund, meaning that it has nearly hit its £1 billion (1.25 billion) target, Environmental Finance has learned.

• EIB and Luxembourg launch climate finance platform to crowd in private sector

  16 November 2016

  The European Investment Bank (EIB) and the government of Luxembourg have partnered to launch a "climate finance platform", designed to help attract private finance to climate-related projects.

• Ygrene issues first AAA rated Pace bond in $329.5m fundraise

  15 November 2016

  Ygrene Energy Fund has raised $329.5 million by issuing two Property Assessed Clean Energy (Pace) bonds including the market's first AAA rated notes.

• GIB to launch Green Impact Report for potential commercial use

  14 November 2016

  The UK's Green Investment Bank (GIB) has launched a methodology to quantify on the environmental benefits of a given infrastructure asset or portfolio. The bank believes its Green Impact Report could be sold to investors looking to rate the green credentials of an investment.

• ICMA's 'call to arms' for collaboration in the green bond market

  14 November 2016

  The International Capital Markets Association has issued a "call to arms" to participants in the green financial markets to work together, including ending the "slightly competitive dynamic" that has emerged between industry bodies.