EF BRIEFS: San Francisco water bond, Capital Stage, NextEnergy, Vestas

NatWest Cushon picks Aviva Investors for first natural capital investment

NatWest's UK workplace pensions arm, NatWest Cushon, has chosen Aviva Investors' Carbon Removal Fund for its first natural capital allocation.

Public sector accounting standards setter splits workstreams

Sustainable finance rules 'fully consistent with' €800bn defence push, EU says

The EU's sustainable finance rulebook "is fully consistent with" a push to invest €800 billion ($920 billion) in defence, the European Commission said as it suggested it was ready to change sustainable investment disclosure rules to support its objectives.

Carrefour raises €650m from first SLB under new framework

French supermarket chain Carrefour has raised €650 million ($750 million) from the first sustainability-linked bond (SLB) it has issued under its updated and expanded framework.

Goldman Sachs launches $29m emerging market sustainable bond fund

Goldman Sachs Asset Management (GSAM) has launched an actively managed emerging market (EM)-focused green and social bond exchange-traded fund (ETF).