News

EM green bond issuance forecast to cross $100bn in 2023

Emerging market (EM) green bond issuance is expected to jump to more than $100 billion by 2023 from $40 billion in 2020, according to a report from Amundi and the International Finance Corporation (IFC), amid "highly supportive" market fundamentals.

WCI carbon market update: 19 April 2021

EU plans Corporate Sustainability Reporting Directive, according to leak

News round-up: FCA, Yale, MSCI and CIP

Investor group urges banks to set enhanced net zero targets

Financing costs fall for renewable power projects, soar for coal

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.

Lightrock takes 10% stake in South Pole

Impact investment manager Lightrock has bought a 10% stake in climate-themed project developer South Pole for a "double-digit-million-euro" sum.

News round-up: JP Morgan and Citi boost sustainable financing targets, DBS plots coal exit, Shell signs carbon credit deal

EU to devise transition criteria by end of 2021

The EU has revealed it plans to create screening criteria for energy transition activities by the end of the year, in a move that will effectively see it delay controversial decisions over whether to class natural gas as sustainable.