Archive

Credit Suisse to cease funding new coal-fired plants

In a significant shift to its environmental, social and governance (ESG) policy, Credit Suisse is to stop any form of financing specifically related to the development of new coal-fired power plants.

World Bank unveils carbon markets implementation partnership

An initiative to promote the use of carbon pricing has been announced on the sidelines of the COP25 event in Madrid.

Record $1bn first close for BlackRock renewables fund

BlackRock has reached a "record" $1 billion first close of its Global Renewable Power III (GRP III) fund amid "strong" investor demand for renewable power assets.

Drax targets carbon-negative operations by 2030

The boss of coal and biomass-powered power station Drax has announced plans to be carbon-negative by 2030.

Nasdaq launches global green, social and sustainability bond platform

Nasdaq has launched an online platform to improve transparency across the green, social and sustainability bond market.

Policy response to climate change to 'wipe $2trn off companies' value'

An abrupt and disruptive policy response to the risks presented by climate change is forecast to permanently wipe about $2 trillion off the valuation of companies in the MSCI All Countries World, index (ACWI) according to analysis backed by the Principles for Responsible Investment (PRI).

Airport operator Swedavia issues SEK1bn green bond

Swedish state-owned Swedavia has become the latest in a string of airport operators to issue a green bond.

Hannover Re backs impact fund for natural disasters

Hannover Re is backing a novel impact fund that aims to mitigate losses arising from natural disasters in developing countries.

People Moves, 9 December 2019: Goldman, Impax, Mission Possible

WCI Carbon Market Update, 9 December 2019

ClearBlue Markets is increasingly bullish on the CCA price, as fundamental factors are likely to tighten in the coming year, says Nicolas Girod.*