Archive

WCI Carbon Market Update, 18 November 2019

California Carbon Allowance prices rose again last week, ahead of the Joint Auction on 19 November, so a clearing price of about $17 is expected, says ,Nicolas Girod*.

Macquarie completes first biogas investment

Macquarie Capital Principal Finance has completed the majority acquisition of BioCow, a producer of biogas for the UK market.

$1trn/year of 'sustainable' bonds in sight within three years, says DZ Bank

The continuing success of the green bond market and the growing popularity of social, sustainability and SDG-linked bonds means that combined annual issuance of 'sustainable' bonds is likely to hit $1 trillion in the next three years, according to Germany's DZ Bank.

‘Promoting a green economy’ is not our role, says Swiss central bank

The Swiss National Bank has said that ‘promoting a green economy’ through its operations would run counter to its mandate, “pave the way for conflicts of interest and politicise monetary policy”.

People Moves: IIGCC, Riksbank, Bloomberg

Refinitiv plans to launch fund sustainability ratings

Financial data giant Refinitiv, which owns Lipper, is planning to launch fund sustainability ratings, Environmental Finance has learned.

US regulator unveils climate risk expert group

The regulator of the US futures and options markets has appointed a 35-member committee of experts to assess the risks posed by climate change to the financial markets.

Kairos Partners launches long-short fund based on ESG index

Kairos Partners SGR has launched an actively managed, long-short fund that will use an ESG index as its underlying benchmark.

EIB fossil fuel lending phase-out hailed as ‘crucial milestone'

The European Investment Bank (EIB) has committed to phase out lending to most fossil fuel projects by 2022, in a move that has been hailed as a crucial milestone in achieving the goals of the Paris Agreement.

BlackRock launches Europe's first ESG high-yield bond ETFs

Asset manager BlackRock has launched two high-yield environmental, social and governance (ESG) bond exchange-traded funds (ETFs).