News

ASI unveils Asian equity fund 'aligned to' SDGs

UK-based Aberdeen Standard Investments (ASI) has launched an Asian Sustainable Development Equity Fund it says is 'aligned to' the UNSustainable Development Goals (SDGs).

Develop principles to govern digital finance and SDGs, UN told

The UN has been urged to help develop a set of principles to advance technology's role in closing the financing gap for the Sustainable Development Goals (SDGs).

Green and sustainability-linked loan round-up: Trill Impact, Siemens Energy, M&G Real Estate, Ichigo

Bond round-up: ANZ, China Construction Bank, IADB, Germany, Sweden ... and more

HSBC and Pollination form 'world's largest natural capital manager'

HSBC Global Asset Management and investment firm Pollination Group have entered into a joint venture agreement to establish HSBC Pollination Climate Asset Management.

Germany launches innovative 'twin' bond green issuance programme

Germany has launched its first green bond framework which will see it issue green sovereign bonds every year alongside conventional bonds through an innovative "twin bonds" concept, in what has been described as a "major milestone" for sustainable finance in Europe's largest economy.

TNFD to get its own technical expert group

A technical expert group (TEG) is being assembled to help the nascent Task Force on Nature-related Financial Disclosures (TNFD) to deliver on its ambitious remit, Environmental Finance has learned.

'Blue bonds' could finance fish stock recovery

Planet Tracker has proposed a 'blue bond' could be used to finance the replenishment of fish stocks by subsidising fishing firms to reduce capacity to allow population recovery.

Storebrand excludes 27 firms as it tightens climate policy

Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.

GCF allocates $900m towards Covid-19-resilient green projects

The Green Climate Fund (GCF) has allocated $879 million to developing countries with the intention of increasing climate action in a way that can adapt to the effects of the Covid-19 pandemic.