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T Rowe Price, TPG Rise back $405m funding for US energy storage business

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.

World Bank issues landmark Amazon reforestation-linked bond

The World Bank has raised $225 million from its biggest ever outcomes-based bond that links its coupon payments to verified carbon removal credits generated by reforestation projects in the Amazon rainforest in Brazil.

Investors tell Japan to remedy inconsistencies with ISSB standards

Some of the world's largest investors have advised Japan to address inconsistencies between its draft disclosure standards and those of the International Sustainability Standards Board (ISSB).

T Rowe Price elected to Principles ExCom

T Rowe Price has been elected to the executive committee (ExCom) of the Principles, which are widely used as best practice guidelines for the sustainable bond market.

World Bank issues $100m plastic waste reduction-linked bond

The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.

IFC, T Rowe Price to launch 'first' blue bond fund

The International Finance Corporation (IFC) and T Rowe Price are preparing to launch the first dedicated 'blue' bond investment strategy to support sustainable marine and water investment from companies and financial institutions in emerging markets.

US climate disclosure tussle develops over SEC filings role

A tussle is developing over whether mandatory climate disclosures in the US should feature in the closely scrutinised annual regulatory filings or as a separate document, with some major firms opposing inclusion in annual filings but some significant investors backing such a move.

TPG Rise joins Fidelity in $150m electric bike fundraise

TPG Rise, Fidelity and Morgan Stanley's Counterpoint Global have purchased a minority stake in US-based electric bike manufacturer Rad Power Bikes in a $150 million fundraising round.

Climate change is an opportunity for insurers, says Warren Buffett

Insurers should welcome the opportunity for business growth provided by climate change, according to Warren Buffett, as he rejected calls for a resolution on climate disclosure.