Investment

BNPP AM expands climate ETF range

ESMA fund guidelines may be headwind for sustainable bonds, says Abrdn

The recently published sustainable fund naming guidelines published by the European Securities and Markets Authority (ESMA) could dampen demand for labelled sustainable bonds, according to Abrdn.

Alcazar Energy Partners II closes at $490m

White Summit Capital buys Portuguese biomethane producer

BII invests $30m to expand Tanzania telecom coverage

Investors 'need direction from policymakers' on transition

Policymakers have been urged to provide clear transition pathways and identify a "most likely scenario" to help investors develop their own transition plans.

More than 40% of ESG funds would breach ESMA naming rules, ClarityAI says

More than 40% of funds using environmental and impact terms are invested in assets that breach exclusionary criteria in new EU fund name rules, potentially requiring managers to change their fund's name or divest assets, ClarityAI has said.

ETF Partners to back 'green' digital sustainable businesses via €285m fund

Environmental technology-focused venture capital impact investment firm ETF Partners has closed its fourth fund at €285 million ($310 million), exceeding its €250 million target.

Gresham House urges UK government to "provide reassurance" on biodiversity net gain

Gresham House has called on the UK government to provide further reassurance on the implementation of the Biodiversity Net Gain legislation, to help scale up private-sector involvement.

Sustainable bond market hits $5trn of issuance

Cumulative issuance of sustainable bonds has now crossed the $5 trillion mark, boosted by strong support from sovereign issuers.

NextEnergy raises 25% above target size for UK solar fund, eyes £1bn hard cap

Capital markets union essential for EU's climate transition, says head of French central bank

Europe needs to unlock hundreds of billions of euros by finalising the Capital Markets Union (CMU) and harnessing Europeans' private savings for investing in the climate transition, according to a prominent central banker.

IFC, BII and Proparco back Senegal telecoms expansion with €87m SLL

Nordea launches two sustainable bond funds

Nordea Asset Management (Nordea AM) has launched two dedicated euro-denominated sustainable bond funds, a month after it closed its social bond fund.

ESMA name rules important step in unlocking transition finance, says BNPP AM

Improved clarity from regulators on what constitutes a sustainable investment is a pre-requisite for unlocking widespread investment in 'transition' assets to reach net zero, according to the CEO of one of Europe's largest asset managers.