Ahren Lester

Thames Water woes could drag UK green bond market down

Crisis at a major green bond issuer hurts lacklustre UK green bond market already struggling to attract corporate issuers, says IEEFA. Ahren Lester reports

ICMA: Sustainability-linked commercial paper 'existentially challenging - but exciting'

The International Capital Market Association (ICMA) hopes its observations on the difficulties in identifying "best practice" on structuring sustainability-linked commercial paper (CP) will help focus the market on how to get the "existentially challenging" product viable at scale.

Khan Bank raises $30m from first domestic Mongolian green bond

Mongolian lender Khan Bank has completed a $30 million fundraise from the first green bond listed in the domestic Mongolian market, more than a year after securing approval for the programme.

Fidelity launches 'first' global 'blue bond' fund

Fidelity International (FIL) has launched a dedicated 'blue bond' fund to leverage the "unique position" that bond markets have to support the sustainable ocean and freshwater transition.

Statkraft hires banks for possible green bond deal

Largest NYC social bond almost six-times oversubscribed

New York City (NYC) has raised $820 million from its largest ever social bond, with the orderbook almost reaching $5 billion.

Canada raises CAD2bn from green bond tap

ICMA Principles to prioritise work on transition, sustainable fintech

The executive committee (ExCom) of the International Capital Market Association (ICMA)-administered Principles has introduced financial technology (fintech) and digitalisation as a key priority for its work over the next year...

Barclays: 'Practical' target timing factor at play in SLB issuance decline

Barclays argues "more practical" considerations around corporate sustainability target timelines have played a material role in the sharp sustainability-linked bond (SLB) issuance decline in recent years, but this headwind could become a tailwind as we approach 2025.

Canada to re-open second green bond this week

Canada has announced plans to tap its second sovereign green bond this week as it looks to raise a further CAD4 billion ($2.9 billion) from its programme by the end of March.