Climate risk 'no longer tragedy of the horizon' says ECB note as it models 5% hit to GDP

BPCE prices inaugural €1.5bn EuGB covered bond

French banking group BPCE has priced its inaugural European Green Bond (EuGB) covered bond, raising €1.5 billion ($1.7 billion) through a 6.5-year transaction that attracted more than €5 billion of investor demand.

IPUT secures revolving credit facilities with €250m green tranche

Irish property investment company IPUT Real Estate has secured €300 million ($349 million) of new revolving credit facilities, including a €250 million green tranche.

Sustainable debt round-up: Austria, NRW.Bank, Rowan Digital Infrastructure ... and more

Latvia launches second sustainability bond after framework update

Latvia has launched its second sovereign sustainability bond today (3 June) after the Baltic country published its updated framework last month.

ISO standard to 'strengthen accountability' for financial institution transition plans

A first-of-its-kind global standard for financial institutions' transition plans has been launched. Its creators claim it will "strengthen trust, consistency and accountability across the global financial system".