Archive

Riksbank divestments ‘open floodgates’ to questions on climate divestment

The Swedish Riksbank’s climate-related divestment from carbon-intensive issuers is set to ramp up the pressure on other investors who hold the bonds, demonstrating the potential influence of central banks on climate change, market observers have said.

Bonds round-up: Apple, Chinese banks, CAFFIL, Swiss Life, RBS, KommuneKredit, Nidec ... and more

HSBC: Enel SDG bonds could be a 'backward step'

HSBC has weighed into the debate on Enel's sustainability-linked bond, criticising the offering as a backwards step because its proceeds are not earmarked for green projects.

Candriam: Investors need policy support to drive transition

Candriam's Wim Van Hyfte says the president of the Bundesbank is wrong to suggest that not all areas of sustainable finance are a central bank's domain. He tells Michael Hurley why

Singapore to launch $2bn green investment programme

The Monetary Authority of Singapore (MAS) is to launch a $2 billion ‘green’ investment programme, as part of a raft of measures to stimulate green finance in the country.

GRESB and Verisk Maplecroft launch climate risk scorecard

Real estate sustainability assessor GRESB and risk consultancy Verisk Maplecroft have collaborated to create a Climate Risk & Resilience Scorecard.

Islamic Development Bank plans inaugural green sukuk

The Islamic Development Bank (IsDB) plans to issue its first green sukuk later this month under the terms of its newly finalised Sustainable Finance Framework.

InsuranceERM survey: CROs take the lead on climate risk management

Survey of UK insurers reveal roles responsible for financial risks arising from climate change

WCI Carbon Market Update, 12 November 2019

A modest rise in CCA prices last week suggests the market has not been badly shaken by the Trump administration's legal challenge to the WCI market, says Nicolas Girod*

UK-Indian renewables company receives $150m investment from Masdar

Renewables firm Hero Future Energies (HFE) has received a $150 million investment from Abu Dhabi Future Energy Company (Masdar) to fund its expansion.