News

Bond round-up: Volkswagen, Bank of America, New Zealand, Hungary ... and more

European supervisors launch consultation on greenwashing

The three European Supervisory Authorities have launched a consultation on greenwashing practices in the EU asset management, banking and insurance sectors.

Agreement reached on $250m-300m deal to close Indonesian coal plant

A memorandum of understanding (MOU) has been signed to explore the early retirement of an Indonesian coal-fired plant, the first such agreement to be reached under the country's pioneering Energy Transition Mechanism (ETM).

'Sky high' central bank interest in GDP-equivalent natural capital metric

There is "sky high" interest from central banks in adopting new natural capital metrics such as Gross Ecosystem Product (GEP)...

Video: Gema Esteban Garrido on the use of ESG data for the investment value chain

Gema Esteban Garrido, global head of ESG at private markets investor IG4 Capital, shares her thoughts on how ESG data can be used throughout the investment value chain.

Regulators' climate scenario analyses could be understating risks, warns FSB

The climate scenario analyses carried out by financial authorities may underestimate exposures and vulnerabilities, as they are not capturing the second-order impacts associated with climate change, the Financial Stability Board (FSB) has said.

COP27 has not been the 'Africa COP' it needed to be, says Actis

COP27 has so far been "disappointing" for those who hoped the Egypt-based summit would address Africa's climate challenges, impact investor Actis told Environmental Finance.

COP27: 32% rise in climate-related ETFs and mutual funds

The number of climate-related mutual and exchange-traded funds (ETFs) increased by 32% in 2022, although the combined value of these vehicles was driven down by macroeconomic trends...

2022 sovereign sustainable bond issuance unlikely to beat last year's record

New Zealand's maiden green bond has pushed sovereign sustainable bond issuance past $72 billion so far in 2022, but issuance is unlikely to beat last year's record of $110 billion.

New Zealand raises NZD3bn from debut sovereign green bond

New Zealand has raised NZD3 billion ($1.8 billion) from its debut sovereign green bond, with the transaction more than two-and-a-half times oversubscribed.