Ahren Lester

Green loans expected to take 'larger slice of pie' in 2024

Sustainability-linked loans (SLLs) are expected to be the main driver of sustainable loans growth in 2024 despite green loans taking a "larger slice" of the market, the Loan Market Association (LMA) has revealed.

COP28: Zambia to welcome first green bond in December

Exclusive: Bloomberg launches green bond-tilted fixed income indexes

Bloomberg has launched a series of green bond-tilted indexes tied to the company's flagship fixed income benchmarks, Environmental Finance has learned.

COP28: Sovereign sustainability-linked finance task force launched

Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

SocGen raises €10m from first 'blockchain' green bond

Société Générale has raised €10 million ($11 million) from its first digital green bond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for green bond issuers and investors.

NZBA grows to 136 banks as 'milestone' targets date looms

The Net Zero Banking Alliance (NZBA) has seen its membership triple to 136 since it launched in 2021, with 90% of those required to set their initial targets already having done so ahead of a key targets deadline next year.

COP28: EU-led emerging market green bond initiative signs AfDB partnership

The EU-led Global Green Bond Initiative (GGBI) has signed a partnership with the African Development Bank (AfDB) as part of its plan to expand its emerging and developing market green bond technical assistance programme.

COP28: Allianz, EIB emerging market climate fund readies €385m third close

COP28: ICMA, IsDB launch sustainable sukuk guidance project

KfW says it will keep buying green bonds as €2.5bn investment mandate completes

German development bank has reiterated its commitment to investing in green bonds after its €2.5 billion ($2.7 billion) eight-year government-mandated market growth promotion programme was successfully completed.