News

Food system collapse could pose major stranded asset risk, warns CISL

Major market disruption in the food system will pose increasing investment risks, a new report has warned, although it anticipates growing transition investments.

Rating agencies must create separate methodologies for EMs, says Ninety One

Credit rating agencies must stop applying methodologies designed for developed markets when rating emerging market and developing economies (EMDE) debt, Ninety One's chief sustainability officer has urged.

'Distinctive' Australian taxonomy opens door for 'excluded' sustainable bond issuers

The Australian Sustainable Finance Taxonomy has brought a "distinctive" approach to hard-to-abate and green-enabling activities which could result in it becoming a global reference for issuers from transition sectors previously excluded from the sustainable bond market, Sustainable Fitch argues.

Forest restoration coalition commits $2.6 billion

A coalition to scale up forest protection and restoration financing has committed to investing $2.6 billion for projects in Brazil, since its launch last November.

Vertis Infrastructure signs 'landmark' Indian infrastructure SLB

Indian toll-road developer Vertis Infrastructure Trust has raised INR9 billion ($104 million) from a "landmark" sustainability-linked bond (SLB) backed by the International Finance Corporation (IFC).

Sustainable debt round-up: Japan, Terna, Iberdrola ... and more

'SLBs are interesting tactical investments - but not my cup of tea'

Performance-focused sustainability-linked bonds (SLBs) are interesting "tactical" investments from a return perspective but are not yet appealing from a sustainability standpoint, a senior fixed income investor argues.

NGFS pitches framework to 'mainstream' adaptation in transition planning

A framework for financial institutions to embed climate adaptation into their transition planning has been presented to the G20 by a group of central bankers who argue it can "mainstream" the practice.

Emirates NBD to 'evolve away' from some nature exclusions

Emirates NBD could pivot away from exclusionary policies on nature and biodiversity as it looks to ramp up engagement with clients in these areas, Environmental Finance understands.

'Pure-play' sustainable loan taskforce targets 'simple, actionable' guidance

Scoping work around a 'pure-play taskforce' to develop guidance for applying sustainable loan labels to dedicated 'green' and 'social' borrowers has already yielded "really interesting" debates, according to the Loan Market Association (LMA).