-
Bond round-up: Equitable Bank, Scotiabank, KBN ... and more
24 April 2024 -
Enel SLB target miss 'very significant event' for market
24 April 2024The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...
-
Rwanda considering sovereign SLB after development bank success
23 April 2024Rwanda is considering issuing a sovereign sustainability-linked bond (SLB) after its development bank successfully issued a ground-breaking deal last year, an Environmental Finance event heard.
-
Austria launches ground-breaking 'green' money market instrument
23 April 2024Austria has launched the first sovereign 'green' money market product which is open to retail investors, with a "strong uptake" in the 'Green Bundesschatz' reported from investors already.
-
Europe needs more green securitisations, says head of French central bank
23 April 2024'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.
-
Transition bond label is a 'distraction' for transition finance, says MetLife IM
22 April 2024A dedicated 'transition bond' label for corporate issuers "distracts" from the forward-looking, long-term focus that transition finance requires, according to MetLife Investment Management (MetLIfe IM).
-
Microfinance firm issues first social bond in Panama
22 April 2024BBVA Microfinance Foundation-owned Microserfin has raised $5 million from the first social bond in Panama as part of a planned $40 million programme.
-
SEB warns of 'dire need' to tackle slowdown in sustainable bond market
22 April 2024A slowdown in growth of the sustainable bond market during the first quarter suggests it is "living off the boom years" and issuance is not where it needs to be to meet climate targets, warns SEB's Gregor Vulturius.
-
Hard-to-abate 'transition' bonds can be 'green' if obsolescence risk managed
19 April 2024Bond issuances tackling hard-to-abate sectors can have their transition-focused bonds judged as green bonds if they manage "obsolescence risk," a sustainable bond investor told an Environmental Finance event.
- Comment: Are we finally ready to have a grown-up conversation about the transition?
- ISSB to work on biodiversity disclosures
- TotalEnergies pauses SLB plans amid weak market development
- Natural capital will become a fundamental component of investors' portfolios
- Transition bond label is a 'distraction' for transition finance, says MetLife IM
- Enel SLB target miss 'very significant event' for market
- What is the most important skill you need to succeed in sustainable finance?
- US launches task force that will study CBAM-style rules
- BoE suggests ways financial institutions can build on climate scenarios
- Governments urged to make nature transition plans mandatory
Quarterly sustainable bond issuance by label ($Value)
Provisional data for Q1 2024 shows a general uptick in issuance of all labels from the previous quarter except for sustainability linked bonds which have had their weakest quarter since Q1 2021 and have been on a downward trend since their peak in Q4 2021. Conversely transition bonds have had a record-breaking quarter due to Japan’s pioneering sovereign transition bonds.
Green bonds remain by far the largest label while sustainability and social bonds have kept at similar levels in Q1 2024, with sustainability bonds slightly outperforming social bonds for the first time since Q1 2023. Overall Q1 2024 has been one of the strongest quarters on record.
You can read more on Environmental Finance Data's forecast and prediction here.
For comprehensive data on all green, social, sustainability and sustainability-linked bonds and loans, please visit EF Data. For more information, a demo or a free trial please contact scott.davis@fieldgibsonmedia.com