News

Japan hoping asset owners loosen mandates to invest in transition debt

International investors have not bought Japan's world first sovereign transition bonds at the rate the country hoped - partly because of restrictive mandates from asset owners, according to the head of Japan's Green Transformation (GX) Acceleration Agency.

Japan mulled delayed phase-in of ISSB after EU's Omnibus

A working group discussing implementation of rules based on Sustainability Standards Board of Japan (SSBJ) standards considered delaying a planned phase-in after the EU published its Omnibus simplification package, according to an observer.

GCF approves anchor investment in €3bn public-private EM green bond fund

The Green Climate Fund (GCF) has approved a €200 million ($235 million) anchor investment in a public-private emerging market (EM) green bond fund developed by the EU-led Global Green Bond Initiative (GGBI).

Sustainable debt round-up: BPIfrance, Snam, Aliro Group ... and more

Execution overtakes disinterest as barrier to nature investment, says Pollination

Issues around execution of nature investment strategies - such as a lack of returns, pipeline and capability - have become the biggest barrier for nature investing, a Pollination survey has found.

London 'super sewer' seals first sterling 'blue bond'

Long-standing green bond issuer Tideway London has raised £250 million ($344 million) from its debut 'blue bond,' with the 'super sewer' developer securing the first sterling-denominated bond with the closely watched label.

UN's FIT launches transition plan guide for re/insurance underwriting

The UN-convened Forum for Insurance Transition to Net Zero (FIT) has released its inaugural guide to help re/insurers and brokers develop and disclose credible transition plans for their underwriting portfolios.

EIOPA urges deeper biodiversity risk action amid promising insurer steps

Insurers have made encouraging first moves to address biodiversity risk, but much more is needed to manage its financial impact, according to the inaugural report on biodiversity risk management from the EU's insurance authority.

Aberdeen: 'Public bond markets are well-primed for climate adaptation and resilience'

Bond markets may be thinking about climate adaptation and resilience finance "all wrong" when looking for investable assets, according to Aberdeen Investments, noting that public fixed income markets are already well-equipped for investing in the theme.

Debt-for-nature swaps get guidance to support scalability, project expansion

The first 'practice standards' for the rapidly growing 'debt-for-nature' swaps has been published, which looks to introduce greater consistency in the bespoke instruments...