Archive

COP29: MUFG backs Canada-led blended finance initiative

Canada has launched a $1.5 billion blended finance 'platform' that aims to provide climate finance to climate projects in "up to" 25 emerging markets and developing economies, with backing from MUFG.

MUFG, Doha Bank sign first Middle Eastern 'green repo' deal

MUFG and Doha Bank have finalised the first 'green repo' scheme signed in the Middle East, with the transaction using green bonds as the underlying collateral.

Trump victory could see EV makers bear brunt of weakened IRA, says MUFG

Subsidies for the purchase of electric vehicles (EVs) are among areas of the Inflation Reduction Act (IRA) set to be most at risk if Donald Trump wins re-election later this year, according to researchers at MUFG.

MUFG issues $272m SLL to EDF with biodiversity among KPIs

High impact sectors 'on the way' to TNFD alignment, says First Sentier

Sectors with a high impact on nature are "well on their way" to aligning disclosures with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), research by the First Sentier MUFG Sustainable Investment Institute has found.

LeapFrog leads $65m financing for Indian EV battery business

Japan to study 'financed emissions' in second climate scenario analysis of banks

The Bank of Japan (BoJ) and Financial Services Agency (FSA) are preparing to run a second climate scenario analysis of three major Japanese banks, which could include analysis of the banks' 'financed emissions'.

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.

Japanese GFANZ members 'intend to grow transition financing'

Japanese financial institutions said they will grow their allocation to 'transition financing' and explore ways to ramp up a planned phase-out of coal power generation, in a joint statement by signatories to the Glasgow Financial Alliance for Net Zero (GFANZ).

French ruling sees labelled ESG funds forced to divest fossil fuel holdings

A refined socially responsible investment label could see a dramatic phase out of fossil fuel holdings in French environmental, social and governance (ESG) focused funds,...