News

Investors welcome High Seas Treaty progress

As a treaty to protect international waters moves towards ratification at the UN, investors have told Environmental Finance that this will provide clarity and momentum in the nascent marine investment theme.

Sustainable debt round-up: Italy, EU, Madrid ... and more

EuGB issuance picks up pace with Covivio, Norsk Hydro debuts

Two ground-breaking European Green Bond (EuGB) issues highlight the momentum building behind the 'gold standard' sustainable bond label in the last few weeks.

Clean Industrial Deal's transformative potential overshadowed by Omnibus, says Schroders

The transformative potential of the EU's Clean Industrial Deal (CID) has been overlooked in public discourse, in part because of the emotive debate about the Omnibus regulatory simplification package, according to Schroders' head of public policy for Europe.

Hesse issues largest European muni green bond

The third green bond from Federal State of Hesse was more than four-times oversubscribed, with the €1.5 billion ($1.7 billion) deal also setting a record for European municipal issuers.

Japan's Green Transformation agency aims to spur transition finance across Asia

Japan's Green Transformation (GX) Acceleration Agency has set its sights on promoting transition finance in other Asian countries as well as domestically, as it aims to reap the benefits of regional cross-investment, its director said.

Redesign EU ETS to encourage adaptation financing, says African Development Bank

From Jennifer Forrest in Nice

Banks continue to progress on seafood, says WWF

An assessment of 40 banks' public seafood policies found that most had made some progress from last year, according to WWF, which called for more blue labelled financial products to be issued.

'Struggle' to sell labelled debt in US leads to pivot to Asia and Middle East, says HSBC

The "struggle" to sell labelled debt products in the US in the current political environment is leading banks to seek business in markets with greater potential for growth, including in Asia and the Middle East, according to an executive at HSBC.

ICMA Principles mulling changes to transition finance guidance

Updates to the Climate Transition Finance Handbook are being discussed that could lead to changes being unveiled at the Annual Conference of the Principles in Tokyo, according to the International Capital Market Association (ICMA).