News

Barbados signs 'blue' sustainability-linked loan in debt-for-nature swap

Barbados has signed a sustainability-linked loan (SLL) as part of a $300 million debt-for-nature swap which will generate interest cost savings used to finance water-related climate resilience projects in the Caribbean country.

India sovereign green bond demand weak amid 'greenium' push

India rejected the majority of the bids for its latest sovereign green bond deal after investors resisted accepting a 'greenium' on the issuance.

UN plastic treaty negotiations end without agreement

Negotiations on an international plastic treaty have been suspended without agreement, as dividing lines deepen on plastic production and finance.

Aviva fined by Luxembourg regulator over ESG failures

Aviva Investors Luxembourg has been fined €56,500 ($59,500) for failure to comply with disclosure laws in the country including not meeting its own sustainability-related exclusions policy, according to the Commission de Surveillance du Secteur Financier (CSSF).

Aviva to integrate nature into transition plan

Aviva is to integrate nature into the second version of its transition plan, a conference heard.

Investors insufficiently pricing tropical cyclone risks, warns Amundi

Investors have "begun" to price-in physical climate risks associated with tropical cyclones, but prices could fall further as media attention rises, research by Amundi has found.

Investors must open minds to hybrid nature projects, says EBRD

Investors need to be more open-minded about "hybrid projects" that combine conventional and nature investments, the European Bank for Reconstruction and Development (EBRD) has said.

Expansion of the Common Ground Taxonomy needed, says Carbon Trust

Further expansion of the Common Ground Taxonomy into southeast Asia is needed to scale up transition finance, The Carbon Trust has said, calling for more sustainability-linked financial instruments.

We haven't yet 'cracked the nut' on biodiversity credit demand, says BNP Paribas

A clear economic case for the voluntary acquisition of biodiversity credits has yet to be made, BNP Paribas Asset Management has said, calling for "humility" whilst the market develops.

People Moves, 29 November: Northern Trust, HSBC, European Commission, Finance for Biodiversity ... and more