News

Expert panelist quits ICVCM over methodology approvals

A member of the Integrity Council for the Voluntary Carbon Market's (ICVCM) expert panel has resigned over concerns that REDD methodologies approved last month put the integrity of the initiative at risk.

Promigas secures first Colombian 'real economy' social bond

Colombian liquefied natural gas (LNG) firm Promigas signed a deal to issue social bonds worth COP540 billion ($122 million), believed to be the first social bonds issued by a 'real economy' firm in the South American country.

'Dense and difficult to understand', French regulator says of taxonomy disclosures

French banks and insurers have been told by their regulator to improve their taxonomy reporting after it criticised "dense and difficult to understand" disclosures that also omitted information that was required.

Railpen urges firms to resist 'race to the bottom'

IOSCO urges ISSB-EU agreement on coherent sector-specific standards

Sector-specific sustainability disclosure standards currently being devised could undermine the 'global baseline' for reporting, the head of an influential global association of regulators said.

KfW announces €10bn green bond programme for 2025

German development bank KfW is planning to raise around €10 billion ($10.6 billion) from green bonds in 2025, which puts the third largest green bond issuer in the world on track to cross the $100 billion cumulative issuance...

'Quiet influence': CTFH has helped make sustainable bond frameworks 'meatier'

The 'Climate Transition Finance Handbook' (CTFH) has helped push the sustainable bond market make the issuer strategy section of frameworks "meatier," according to Natixis.

Croatian pharmaceutical firm issues milestone SLB

Jadran-Galenski Laboratorij (JGL) has raised €60 million ($64 million) from its debut sustainability-linked bond (SLB), which is the largest issuance of the performance-based instrument from a private company and the first from a pharmaceutical firm in the country.

Land tenure focus needed for nature investments, says Germany

A focus on land tenure rights is needed across mainstream nature and climate investments, according to a German government official, but recognised data limitations.

BNP Paribas urges data providers to improve biodiversity metrics

BNP Paribas Asset Management is urging data providers to provide investors with better data points on biodiversity loss.