Minority of US bank investors support climate proposals

Investment

Impact funds launched targeting $1bn for SDGs

IMPACT

Major banks to disclose airline loan book emissions

ESG Data,Investment

IBRD issues innovative 'pay-for-success' rhino bond

The International Bank for Reconstruction and Development (IBRD) has raised $150 million from a ground-breaking…

Debt,Green Bonds,IMPACT,Investment,Natural Capital

AIG's climate policy transforms it from laggard to leader

Long-awaited fossil fuel restrictions welcomed by environmental campaigners

Insurance

Citi appoints new sustainable debt director

People

People moves, 21 January: Citi, HSBC, Mirova, Ninety One, and more

People

Citi lays out initial net zero plan

US banking giant Citigroup has laid out its initial net zero plan, including 2030 emissions targets for…

Debt,Stranded Assets

Citi, CommerzBank among climate tech firm backers

A climate technology firm has raised $19 million in funding from five investors, including the venture…

ESG,ESG Data,Equity,Investment

NYDFS becomes first US regulator to issue climate guidance for insurers

Insurers expected to ramp up their climate risk oversight functions by next year

Insurance,Policy

New York Fed climate stress test demonstrates 'substantial' risk for banks

Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate…

Carbon,Debt,ESG,ESG Data,Equity,Investment,Policy,Stranded Assets

£100bn orderbook for record-breaking £10bn UK green bond debut

The UK secured a £100 billion ($137 billion) orderbook for its £10 billion maiden sovereign green bond,…

Green Bonds

Ground-breaking sustainability Tier 2 sukuk 12-times oversubscribed

Turkish lender Kuveyt Türk Katilim Bankasi has raised $350 million from its "landmark" sustainability…

Debt

ADB raises $300m from first 'blue' bond

The Asian Development Bank (ADB) has raised $300 million from its inaugural 'blue' bond to finance ocean-related…

Debt,Green Bonds,Investment

Physical climate risk could threaten 10% of major US bank lending

Physical climate risk could threaten more than 10% of the trillion-dollar loan portfolios held by the…

Carbon,Debt,ESG Data,Investment,Policy

Hong Kong appoints sustainable finance group to bolster disclosures

Hong Kong's securities regulator and central bank have helped create a group of experts to develop sustainability…

Carbon,ESG Data,Policy

Investors use 'up to 100,000 pieces of data' to show EU taxonomy alignment

The sustainability reporting burden imposed by regulation could be lessened in coming years with the development of a free-to-use European database, an Environmental Finance webinar heard. Michael Hurley reports

ESG Data,Policy

Citi impact fund invests in fintech, healthcare companies

US bank Citi has invested an undisclosed amount, via its $200 million impact fund, in five companies…

IMPACT

Six banks launch steel sector decarbonisation working group

Debt,ESG Data,Investment,Policy

Germany mandates 30-year green bond ahead of planned May issue

Germany has mandated six banks as lead managers for its first 30-year green bond, expected to be issued…

Green Bonds