Ahren Lester

Bank of England urged to reduce climate change risk exposure by lawmakers

The Bank of England (BoE) has been urged by a group of Members of Parliament to align its £20 billion ($27 billion) asset purchase programme to the Paris Agreement and require large firms receiving help from the taxpayer during the Covid-19 pandemic to provide climate disclosures.

BIS launches second green bond fund for central banks

The Bank for International Settlements (BIS) has launched a euro-denominated green bond fund for central banks, joining its inaugural fund launched in 2019.

€1bn Flender ESG-linked buyout loan deal attracts 'phenomenal' demand

A €1 billion ($1.2 billion) sustainability-linked leveraged buyout (LBO) loan from German wind turbine gearbox maker Flender to support its buyout by private equity firm Carlyle has attracted "phenomenal" demand from investors, a banker close to the transaction told Environmental Finance.

News round-up: Ontario Teachers' Pension Plan commits to net-zero, EIB says 'gas is over', pension funds' climate demands for UK government ... and more

Funds of the year: Active Solar

Active Solar delivered a 170% return in 2020 - but the fund manager says it is still just the beginning. Ahren Lester reports

Green and sustainability-linked loan round-up: Gaw Capital, Questel, Batilogistic ... and more

Bond round-up: Klabin, Cades, Digital Realty, SK Hynix, EIB, LBBW ... and more

EU asks expert group to clarify transition activities in Taxonomy

Sustainable bond market could hit $725bn in 2021, says CA-CIB

10% of firms face ejection as FTSE4Good tightens climate rules

Around 10% of all constituents on the FTSE4Good indexes face exclusion after the climate thresholds are tightened through a tie-up with the Transition Pathway Initiative (TPI) scores.