Archive

Phenix sees growth in affordable housing impact funds

Phenix Capital has observed a significant increase in the number of impact funds being raised to invest in affordable housing in recent months - and predicted that the trend is set to gather pace post-pandemic.

Bond round-up: Massachusetts, BBVA, Seiko Epson, Berlin Hyp, Komatsu ... and more

Major European banks provided large-scale financial support to coal industry

European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal companies across the EU in 2019, according to a report.

Task Force on Nature-related Financial Disclosures 'to be launched in Q1 2021'

Exploratory work for a Task Force on Nature-related Financial Disclosures (TNFD) is set to begin in September, ahead of a full task force being launched early next year, a webinar on biodiversity hosted by Environmental Finance heard.

Sweden plans SEK20bn sovereign green bond in August

Sweden's National Debt Office said it hopes to raise approximately SEK20 billion ($2.2 billion) in August from its first green bond.

UN seeks to buy 224,000 Certified Emission Reductions

The UN Office for Project Services (UNOPS) has posted an 'Invitation to Bid' for 224,068 'high quality' Certified Emission Reductions (CERs) to help offset greenhouse gas (GHG) emissions from various organisations within the UN.

SASB and GRI announce sustainability disclosure collaboration

The Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) have announced a collaboration to show how their two standards can be used together to help ease the reporting burden.

Asset managers pressurise Brazil to ban Amazon fires

Work by asset managers sets 120-day ban following 34% increase in Amazonian deforestation this year

Do insurers care about the Sustainable Development Goals?

The UN's Sustainable Development Goals (SDGs) are meant to be the "blueprint to achieve a better and more sustainable future for all". So why aren't insurers taking an active role in pursuing them? Paul Walsh reports

Nippon Life to test impact investing waters with TPG investment

Nippon Life intends to invest this month in TPG's Rise Fund, as part of a plan to eventually invest JPY30 billion ($280 million), through its own strategy, into companies targeting a measurable positive social or environmental impact alongside financial returns.