Archive

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

Annual sustainable sukuk issuance to double 'soon' after guidance

Annual issuance of sustainable sukuk could more than double to reach $30 billion "soon" amid rising interest for the Islamic sustainable finance instrument and the publication of key market guidance, market experts have argued.

ICMA, IsDB publish 'milestone' sustainable sukuk guidance

The International Capital Market Association (ICMA), Islamic Development Bank (IsDB) and London Stock Exchange Group (LSEG) have published guidance on issuing sukuk aligned with the widely used Green and Social Bond Principles.

COP28: ICMA, IsDB launch sustainable sukuk guidance project

Bonds round-up: Islamic Development Bank, Intesa Sanpaolo, Credit Agricole, Duke Energy... and others

Development bank finance for climate projects jumps 28%

Financing of climate-related projects by multilateral development banks (MDBs) soared 28% last year to a record high of $35.2 billion.

EF BRIEFS: Impax; CBL Markets; Urban development

Impax Asset Management has completed the sale of a 107.7MW portfolio of wind farms in Finland to German insurer Allianz. The sale price was not disclosed.