News

NIB raises €750m from record green bond

The Nordic Investment Bank (NIB) has raised €750 million ($830 million) from its largest ever green bond in the first deal since it updated its framework.

GRI and IFVI to collaborate on sustainability data

'Water will be one of the biggest investment themes over the next decade'

Swedish lender SEB said that water is going to be a megatrend which should be the "biggest investment theme over the next decade," but we need to work out how to tailor sustainable finance instruments.

Cuts to UK Stewardship Code must not translate into reduced scrutiny, FRC told

The removal of some reporting requirements under the UK Stewardship Code to reduce the reporting burden on signatories must not lead to weakened regulatory scrutiny of reporting, the Financial Reporting Council (FRC) has been told.

Blue debt constrained by lack of opportunities, warns Sustainable Fitch

Despite seeing an increase in the level of issuance, the 'blue debt' market is being hampered by a lack of guidelines and investable projects, Sustainable Fitch has warned.

MSCI developing transition plan assessment product

Data giant MSCI is developing a dedicated product to help investors assess the credibility of climate transition plans, Environmental Finance has learned.

Managing biodiversity should be a 'commercial, not a sustainability decision', says UBP

Managing biodiversity risks and opportunities are a "commercial decision, not a sustainability one", Swiss bank UBP has said in an article with the Peace Parks Foundation, as it calls for further measurement of biodiversity gain.

UN and GFI nature finance programme to launch at COP16

A programme to scale up nature restoration finance will be launched at COP16 by the Biodiversity Finance Initiative, the UN Environment Programme Finance Initiative and the Green Finance Institute.

Inadequate credit market could worsen biodiversity loss, warns Grantham Institute

Failing to set a up a properly functioning biodiversity credit market and inadequately addressing fundamental problems could worsen nature losses, the Grantham Institute has warned.

Abris rolls-out ESG methodology to 'squeeze out' higher valuations

Private equity firm Abris Capital Partners has introduced a portfolio-wide ESG-linked methodology to enhance valuations from all its holdings by improving and reducing revenues and costs.