Archive

COP29: MDBs update 'common framework' and pledge $120bn to climate financing

IDB: Brazil 'green' foreign exchange hub is scalable and impactful

A senior adviser to the Inter-American Development Bank (IDB) is working on making its 'green' foreign exchange (FX) hub launched with Brazil earlier this year scalable for other countries as a means to reduce hedging costs for investors and boosting sustainable investment to emerging markets.

Climate Bonds Initiative names advisory board, to consult on new climate resilience taxonomy

COP28: Sovereign sustainability-linked finance task force launched

Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

Private-public investment fund launched to invest in emerging market green bonds

The partners behind the EU-led Global Green Bond Initiative (GGBI) have signed a strategic partnership with the Inter-American Development Bank (IDB) and IDB Invest ...

Banks urged to rework financing instruments for climate adaptation

"Considerable effort" is needed to develop climate adaptation and resilience finance in a "practical and actionable manner," but existing tools such as green bonds could be adjusted by the private sector ...

Databases and regulation driving standardisation of labelled bond data

Efforts to standardise green, social and sustainability bond impact data are gaining traction, but widespread comparability remains elusive, an Environmental Finance webinar heard. Michael Hurley reports

Blue like an Orange raises $200m for Latin America impact fund

Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.

Covid-19 slams the brakes on green bond issuance

Issuance of green, social and sustainability (GSS) bonds slowed dramatically in the first three months of 2020, as the severe impact of the Covid-19 pandemic on the global economy became clear.

Axa IM invests in Althelia Sustainable Ocean Fund

AXA Investment Managers (Axa IM) has committed to invest in the Althelia Sustainable Ocean Fund, as the fund raised about $38 million at first close.