Archive

Climate change could be "much worse" than Covid-19

Munich Re's reinsurance CEO says climate change has been under the radar because of the pandemic

CFTC: Climate change poses 'major risk' to US financial system

A report from a subcommittee of US federal regulator the Commodity Futures Trading Commission (CFTC), has found that all US financial regulators must recognise that climate change poses 'serious emerging risks' to the national financial system.

The Principles for Responsible Banking: One year on

What has the initiative achieved in its first year, and how might it yet need to evolve, asks Christopher Marchant

LeapFrog, Allianz X in $30m digital health, insuretech funding round

LeapFrog and Allianz X have participated in a $30 million fundraise by emerging markets digital health and insuretech provider BIMA.

WCI Carbon Market Update, 8 August 2020

There is limited downside to the price of California Carbon Allowances at present and the November auction is likely to be oversubscribed, says Nicolas Girod*.

Green and sustainability-linked loan round-up: FirstRand, CapitaLand, Bell & Evans

Digitalisation paves way for 'citizen-centred' finance

Digital technology should facilitate a transition from financial inclusion to citizen-centred finance, delegates to an Environmental Finance webinar* were told.

Bond round-up: Germany, Luxembourg, China Merchant's Bank, KommuneKredit, BART ... and more

Palladium takes minority stake in Bamboo Capital Partners

Palladium has bought a minority stake of 8.5% in Bamboo Capital Partners, in a move the companies say is designed to 'mobilise' $1 billion in 'impact capital' by 2023.

Trafigura signs $500m low-carbon financing facility

Commodities trader Trafigura has established a 'low carbon aluminium' financing platform of up to $500 million, with Natixis and Rabobank supporting Trafigura in the design and structuring of the instrument.