News

Sustainable finance mourns loss of Mikkel Larsen

The carbon and sustainable finance markets have paid tribute to Mikkel Larsen, who passed away this week.

TNFD's data facility could reduce the dominance of big players, says tech firm

The Taskforce on Nature Related Financial Disclosure's (TNFD) open data facility should introduce open funding applications and tiered licensing to reduce market dominance of big players, Refinq has said.

China likely to open ETS to international investors, says ClearBlue Markets

The opening up of China's national emissions trading scheme (ETS) to institutional investors could be the first step towards internationalisation of the market, according to ClearBlue Markets.

Account for 'stranded asset' risks alongside transition plan rules, EU advised

The EU should create a framework to account for the depreciation of highly polluting assets "at risk of becoming stranded" to help financial institutions assess the credibility of transition plans, it has been told by advisers.

Manulife IM: We need to separate nature from climate to boost flows

Nature should be kept separate from climate to help scale up private capital flows, according to Manulife Investment Management chief sustainability officer Brian Kernohan.

Allianz, EIB closes 'biggest' equity blended finance fund at €450m

Allianz Global Investors has held a final close for its blended finance equity fund with the European Investment Bank, having secured €450 million ($468.2 million) in capital commitments.

Use the bond markets to 'industrialise' blended finance, says BNP Paribas

The trillions of dollars circulating in the bond markets could be targeted to help scale sustainable finance flows to emerging markets, BNP Paribas has argued.

ABN Amro: EU GBS 'costs to outweigh benefits' - for now

Uptake of the EU green bond (EuGB) label under the EU Green Bond Standard (EU GBS) is likely to be "very limited" as the "additional costs will outweigh the benefits," according to Dutch lender ABN Amro.

'End of ESG' will allow industry to recalibrate, says DNB

The backlash to ESG investing has allowed the industry to have a "healthy recalibration" of what sustainability in financial markets means, according to Norwegian bank DNB.

Sustainable debt round-up: IBRD, Swedavia, GuocoLand and more