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Sustainable loan volumes down a third in first half of 2024
08 July 2024Borrowing through sustainable loans is down a third in the first six months of 2024, led by a sharp decline in sustainability-linked loan (SLL) lending.
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Mercedes-Benz issues first green asset-backed security
08 July 2024German firm Mercedes-Benz has raised CNY765 million ($105 million) from its first green asset-backed security (ABS), which is also believed to be the first instrument of this type from an overseas carmaker in the Chinese market.
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Japan not currently seeking CBI certification for next transition bond
05 July 2024Japan is not currently looking to secure Climate Bonds Initiative (CBI) certification for its transition bond issuance later in July. This follows the sovereign stepping back from the certification process for its third deal in May.
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Debut Deutsche Bank social bond 13-times oversubscribed
04 July 2024The debut €500 million ($537 million) social bond from German lender Deutsche Bank was more than 13-times oversubscribed by investors, feeding expectations the major green bond issuer will also become a regular in the social bond market.
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Ground-breaking 'Transition Loan Principles' expected by November
03 July 2024With formal principles on the horizon, the 'transition loan' market could be on the cusp of a new era - a dramatic step-change that could extend into the bond market. Ahren Lester reports
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Turkish snack firm Ulker issues $550m sustainability-linked bond debut
02 July 2024Turkish biscuit and chocolate maker Ülker has raised $550 million from its debut sustainability-linked bond (SLB).
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Sustainable bond market sees weakest first-half issuance for four years
02 July 2024Sustainable bond issuance in 2024 has crossed the $500 billion milestone in 2024, but remains 14% behind 2023 totals as all four major labels experience a slowdown and market share weakens.
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Japan: Australia 'should have issued a transition bond'
02 July 2024A senior Japanese government official said Australia should have pursued a 'transition bond' label for its sovereign sustainable bond programme as a way of encouraging key hard-to-abate sectors to start seriously thinking about their own transition.
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New ICMA metrics could help 'accelerate' biodiversity finance
01 July 2024An influential list of key performance indicators (KPIs) deemed appropriate for structuring sustainability-linked bonds (SLBs) has been updated - with the newly added metrics dominated by biodiversity-related datapoints, reflecting keen investor interest in the theme.
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'Greenwashing' is the 'Loch Ness monster' of the green bond market
01 July 2024A veteran green bond market participant said 'greenwashing' was not really present in the green bond market despite substantial hand-wringing around the topic.
- CBI optimistic of 'really quick uptake' for climate resilience taxonomy
- MSCI developing transition plan assessment product
- Abris rolls-out ESG methodology to 'squeeze out' higher valuations
- 'Water will be one of the biggest investment themes over the next decade'
- CBI to launch climate resilience taxonomy this month
- Robeco launches its first 'high income green bond strategy'
- Putting transition plans to the test: MSCI
- Inadequate credit market could worsen biodiversity loss, warns Grantham Institute
- Allianz GI's impact credit strategy raises €560m at first close
- Mirova closes first impact PE strategy at €211m
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Australia publishes net zero 'sector pathways'
06 September 2024 -
$1.4trn investors call for greater nature disclosures
06 September 2024 -
Pension members should be given right to voice ESG preferences, says Dutch regulator
06 September 2024 -
Carbon removals versus reductions misses the point
06 September 2024For the atmosphere's balance sheet, emission reductions and removals are both vitally important, argues Mary Grady
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EXCLUSIVE: M&G to rebrand climate solutions fund as biodiversity
06 September 2024M&G Investments is rebranding its climate solutions fund as a nature and biodiversity fund, as it looks to capitalise on growing interest in the theme, Environmental Finance has learned.