News

• Belgium plans to grow sovereign green bond to €10bn

  28 February 2018

  A €4.5 billion ($5.5 billion) sovereign green bond issued by Belgium this week is expected to grow to a size of about €10 billion within four years, the Belgian Debt Agency said.

• Demand for ESG-linked loans grows but "more clarity needed"

  28 February 2018

  More deals linking credit facilities with environmental, social and governance (ESG) factors are slated following Danone's and Mapfre's pacts last week, but critics demand more clarity.

• Lombard Odier set to launch new fund with sustainability focus

  27 February 2018

  Lombard Odier Investment Managers is launching a global equity long-short investment strategy with a sustainability focus, to complement its existing impact investment offerings.

• Investors take more active ESG approach, Natixis survey finds

  27 February 2018

  New attitudes towards environmental, social and governance (ESG) investing are emerging, as investors believe it will become "standard practice" soon, a survey has found.

• Emerging market banks moving fast on sustainable finance, says IFC

  27 February 2018

  Banks in many emerging markets have made rapid progress in promoting 'sustainable finance' initiatives, by leapfrogging some more mature economies, according to the International Finance Corporation (IFC).

• TCFD needs to become mandatory to prosper, expert tells UK parliament

  27 February 2018

  A compulsory approach to reporting in line with the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) is necessary for the initiative's long-term survival, according to an expert.

• EU carbon market weekly update - 26 February 2018

  26 February 2018

  Further consolidation of EU Allowance prices is the most likely outcome this week, with support coming from cold weather and compliance buying, says Louis Redshaw.

• Belgium joins sovereign green bond club with €4.5bn issue

  26 February 2018

  Belgium has raised €4.5 billion ($5.53 billion) through its inaugural sovereign green bond issue, which priced today.

• Mapfre eyes sustainability goals to improve loan terms

  26 February 2018

  Spanish insurer Mapfre has converted a €1billion ($1.2 billion) syndicated credit line into a loan whose terms depend on the company's sustainability performance.

• Nedgroup considers green bond investments as part of ESG effort

  26 February 2018

  South Africa's Nedgroup Investments is considering investing in green bonds, as part of its effort to make environmental, social and governance (ESG) factors a core part of its offering.