Archive

Low-energy buildings take most of KfW's 2019 green bond proceeds

Energy efficient buildings took more than 79% of the allocated proceeds from the €8.1 billon ($8.8 billion) of green bonds issued by German development bank KfW in 2019. The remaining 21% went to renewable energy projects. Nine in ten of all the projects were based in Germany, with the rest in other OECD countries.

2°II explains its break with Science-Based Targets initiative

A disagreement that caused 2°II to walk away from the initiative boils down to whether it is appropriate to use the term 'science-based' to describe investor decarbonisation targets, writes Christopher Marchant

Most stock exchanges now offer guidance on ESG reporting

More than half of global stock exchanges provide guidance on the reporting of environmental, social and governance (ESG) issues, according to the Sustainable Stock Exchanges (SSE) initiative.

Impact investors set to launch Covid-19 funds - Phenix Capital

Impact fund managers appear set to launch a swathe of strategies that aim to combat the effects of the coronavirus pandemic, according to Phenix Capital.

Folksam snaps up more Covid-19 bonds

Swedish insurance company Folksam has invested a further SEK1billion ($99 million), on top of the SEK700 million announced last month, in bonds aimed at alleviating the social and economic effects of the Covid-19 pandemic.

Institutional impact funds hit €245bn, says Phenix Capital

People Moves 3 April: Norges Bank, S&P Global Ratings, S&P, Morgan Stanley, Moody's, Quintet Private Bank, Global Reporting Initiative

Assets managed by LuxFLAG labelled products cross €100bn

The Luxembourg Finance Labelling Agency (LuxFLAG) has seen assets managed by the 200 investment products recognised by the label cross the €100 billion ($109 billion) milestone.

Growing evidence of greenium for green bonds, says CBI

There is growing evidence that green bonds are attracting a 'greenium' amid strong investor demand, a report by the Climate Bonds Initiative (CBI) has found.

Central banks prepare for "decisive" 2020 for climate change action

The Network for Greening the Financial System (NGFS) said 2020 will be a "decisive year", as the group of central banks warned the coronavirus crisis should not overshadow the pressure building for climate action in the financial system.