News

'EU GBS is not burdensome regulation,' says PwC

Issuers should "start preparing early" to adopt the EU Green Bond Standard (EU GBS) as the groundbreaking regulation is likely to make green bond reporting a "natural extension" of their broader sustainability reporting requirements, according to consultancy PwC.

Greenwashing risk scaring off competitors, says Impax, as it records £11.9bn AUM fall

A turnaround in performance since the start of the year and less competition could help turn around the fortunes of Impax Asset Management, says CEO Ian Simm, after it suffered an £11.9 billion ($16 billion) fall in assets under management.

Issuance-level sustainable bond ratings can 'highlight refinancing risk'

Investors are increasingly looking at the potential for instrument-level sustainable bond ratings to help tackle the challenge of 'greenwashing' risk associated with bond and project refinancing.

Webinar: Issuance-level ratings to boost credibility of sustainable bond market

Issuance-level sustainable bond assessments are "critical" to help the market grow, a webinar heard.

BSI aims to restore confidence in nature-based carbon credits

A new set of standards for nature markets in the UK will aim to restore confidence and help drive private investment, according to the British Standards Institute (BSI), which expects to launch biodiversity and 'natural carbon' standards by the end of year.

Exclusive: KfW publishes 'best practice' clean transport impact methodology

KfW has made its "scientifically sound" methodology for calculating the emissions reduction impact of the "complex" clean transport projects financed through its green bonds publicly available to support the quality of reporting in the market.

Microsoft agrees 'world's largest' biochar deal

Microsoft has agreed to purchase 1.24 million tonnes of carbon removal credits from Exomad Green over the next 10 years, in what is thought to be the world's largest biochar deal.

Sustainable debt round-up: KfW, Western Australian Treasury Corporation, Cinven and more

Latvian water firm launches 'European Green Bond' debut

Latvian water utility firm Rīgas ūdens has launched a €60 million ($68 million) green bond programme using the recently introduced European Green Bond (EuGB) label.

Cambridge Associates 'wouldn't recommend' biodiversity credits

Cambridge Associates would not recommend biodiversity credit-based strategies to investors, telling an Environmental Finance conference that biodiversity co-benefits in the carbon market are likely to be prioritised instead.