Mongolia's XacBank secures $150m green financing facility

Sustainable debt round-up: Intesa Sanpaolo, California Community Choice Financing Authority, Snam ... and more

SFDR agreement criticised for allowing fossil fuels in transition funds

EU countries agreed that companies deriving large revenues from fossil fuels could qualify for 'transition' funds under the bloc's flagship Sustainable Finance Disclosure Regulation (SFDR), in move widely criticised by NGOs.

UK urged to launch sovereign transition bond

The Transition Finance Council (TFC) will explore how more transition-related financial products could be launched, a London Climate Action Week event has heard.

Banks' uneven progress on sustainability flagged in UNEP FI survey

Weaknesses in banks' management of sustainability risks have been flagged in a report that points to the need for improved disclosure of forward-looking information.

MSCI in $120m physical risk data deal

The arms race to provide physical climate risk data escalated today as ESG data provider MSCI announced the $120 million acquisition of First Street, and Sustainalytics revealed a new collaboration with data providers.