Ahren Lester

Export credit agencies, governments could face fossil fuel financing legal challenge

Export credit agencies (ECAs) and the governments that control them could face legal action if they do not take action to reduce the level of fossil fuel-related financing they undertake, according to a legal opinion provided by two lawyers.

News round-up: ESG fund assets approach $2trn, PIMCO launches ESG fund, Epworth ditches oil and gas firms, Race to Zero updates criteria

Brunel launches £945m 'responsible investment' private debt portfolio

The £30 billion ($42 billion) Brunel Pension Partnership has launched a £945 million private debt portfolio intended to "push the boundaries of responsible investment in direct lending"

German court backs 'globally remarkable' climate law complaint

The German Federal Constitutional Court has decided that the 2019 climate change act violated the freedoms of the young complainants by offloading the majority of the carbon emissions reductions to after 2030, in a decision described as "globally remarkable new standard for climate protection as a human right"

Green and sustainability-linked loan round-up: Red Sea Development, American Homes 4 Rent, Pandora ... and more

Risk of getting sustainability-linked loan structures wrong is 'very real'

The risk of getting the structure of sustainability-linked loans (SLL) wrong is "very real," warned two loan market industry associations, as they caution that "inappropriately" formulated loans should not "take root" in Europe.

Bond round-up: NDB, Malaysia, CCB, Caffil, Pfleiderer, Aeroporti di Roma, FedEx, Hungary ... and more

ICMA launches consultation on role of repo market in sustainable finance

The European Repo and Collateral Council (ERCC) of the International Capital Market Association (ICMA) has launched a consultation on how the repo market can play an "active" role in green and sustainable finance.

News round-up: CG Asset Management, Amundi, Taiwan Public Service Pension Fund, and more

Taiwan pension fund launches tender for $400m ESG equity fund mandate