Archive

Commercial Bank of Ceylon plans LKR5bn green bond debut

The Commercial Bank of Ceylon (ComBank) is planning to raise up to LKR5 billion ($17 million) from its inaugural green bond, believed to be only the second sustainable bond issuance in the country.

COP29: Climate crisis an 'economy killer', says UNFCCC's Stiell

The climate crisis is an "economy killer" that could be destroying up to 5% of GDP in many countries, according to Simon Stiell, executive secretary of UNFCCC, organiser of COP29.

Climate tech investment forum launched

A forum has been launched to address barriers to investing in climate technology, particularly looking at how to structure blended finance products.

Taxonomies 'struggling to support the transition', webinar hears

Green taxonomies need to embed forward-looking, decarbonisation pathways to help catalyse the transition to a net-zero carbon economy, a webinar heard.

Blue bond label important despite 'colour fatigue', says IFC

Despite potential 'colour fatigue' its important to differentiate blue products, the International Finance Corporation (IFC) and T. Rowe Price have said, calling for more investors to move into the market.

IFC backs Central Pattana's first SLB with $100m

Nature-based investments becoming 'increasingly profitable' in Brazil

Nature-based solutions are becoming "increasingly profitable" in Brazil, the UN Framework Convention on Climate Change (UNFCCC) Climate Champions group has said, as it calls for further "innovative financial mechanisms".

Sri Lanka's DFCC launches 'pivotal' LKR2bn green bond

People Moves, 30 August: Impax Asset Management, GIST Impact, Nefco, Reactivate

DFCC Bank preparing first green bond in Sri Lanka