News

Environmental rating firm hopes to raise €15m amid revamp

An ESG data provider is hoping to raise €15 million ($16 million) to help it roll out its newly enhanced dataset.

Corporate transition finance framework 'common ground' project launched

The Climate Bonds Initiative (CBI) has published an initial mapping of transition finance frameworks as part of a collaborative project to "demystify" the topic for corporates amid a proliferation of frameworks.

Indonesia and Vietnam to launch JETP investment plans by COP28

Ahead of COP28, Indonesia and Vietnam are set to launch investment plans for their Just Energy Transition Partnerships (JETP), which could also address the "early phase out" of coal plants.

Colombia becomes just fifth sovereign social bond issuer

Colombia has issued its first social bonds and raised $2.5 billion from the five-times oversubscribed pair of deals, with the South American country becoming just the fifth sovereign to issue social bonds to date.

Loan round-up: DLG, U Mobile, Hyundai Mobis ... and more

Bond round-up: Mamoura, France, Uruguay ... and more

Japan confirms CCS, nuclear and aviation in sovereign transition bond framework

Japan has confirmed potentially controversial technologies including carbon capture and storage (CCS), "next-generation aircraft" and nuclear energy among the eligible use of proceeds from its landmark transition bond issuance.

Abu Dhabi Islamic Bank readies debut green sukuk ahead of COP28

With COP28 looming, Abu Dhabi Islamic Bank (ADIB) has mandated five banks to market its debut US dollar-denominated green sukuk deal.

Fidelity to vote against companies on nature

Fidelity International has announced that from 2024, it will begin to vote against companies on nature-related issues.

$300bn funding gap for sustainable land use, says McKinsey

To meet the growing global demand for food, 'urgent action' and investment of at least $300 billion is needed to transform land and farming practices, a report by McKinsey & Co has found.