Ahren Lester

AFII: PPC target 'turnaround' shows 'strength of SLBs'

Greece's Public Power Corporation (PPC) is on "back on track" to meet its next sustainability-linked bond (SLB) target, despite missing an earlier one - which the Anthropocene Fixed Income Institute (AFII) said shows the positive incentive that the performance-based instrument provides issuers.

African 'gender bond toolkit' launched by development groups

S&P: US REIT green bond issuance plummets in 2023

Green bond issuance by US real estate investment trusts (REITs) plummeted to just 3.6% of the market in 2023, down from around 18% in both 2022 and 2021.

'Big four' sustainable finance SPO providers emerge in 2023

Sustainalytics, S&P Global Ratings, ISS and Moody's have emerged as the 'big four' second-party opinion (SPO) providers in the sustainable finance market in 2023, but the race for market share has tightened as the sector matures and consolidates.

'Big opportunities' for US sustainable bonds in 2024

Although surprised by the scale of the US sustainable bond contraction in 2023, CA-CIB's Romina Reversi tells Ahren Lester that opportunities abound in 2024

ICMA encourages 'early adoption' of transition plans as it unveils framework

The International Capital Market Association (ICMA) has encouraged the "early adoption" of transition plans by companies, publishing a report which identifies three types of transition and provides an integrated transition plan framework.

Eskhata Bank secures first green bond in Tajikistan

Eskhata Bank has raised the equivalent of $10 million in local currency from its debut green bond, which is the first sustainable bond issued in Tajikistan.

Emerging markets to increasingly tap sustainable bond market in 2024, says S&P

Emerging markets could increasingly access the labelled bond market in 2024, S&P Global Ratings predicted, despite moderate growth being forecast for the market as a whole.

Goldman Sachs launches €10m green bond ETF

Goldman Sachs Asset Management (GSAM) has launched its first dedicated green bond exchange traded-fund (ETF), adding the first passively managed product to its green bond fund range.

State Street and JP Morgan leave CA100+

The world's biggest climate engagement initiative suffered a blow after two of its biggest signatories walked away.