Christopher Marchant

Moody's raises forecast for social and sustainability bonds by $50bn

Moody's Investors Service has raised its 2020 forecast for social and sustainability bonds by $50 billion, as these types of bonds are increasingly issued to help finance the response to the Covid-19 pandemic.

Deutsche Bank: corporate green bond issuances on rise

Corporate interest in green bonds will increase following the recent issues from tech companies Google parent Alphabet and Visa, according to Deutsche Bank, which acted as a manager on both issuances.

SSE announces Just Transition plan following investor pressure

British energy company SSE is to adopt a Just Transition plan following pressure from non-profit Friends Provident Foundation and Royal London Asset Management.

How Women Invest raises $5m for venture capital fund

The US-based How Women Invest (HWI) has achieved a first close of $5 million in four months for its first venture capital fund.

Boralex completes C$805m refinancing of Canadian wind farm

Renewable energy producer Boralex has completed a C$805 million ($600 million) refinancing over 16 years for its 230MW Niagara Region Wind Farm (NRWF) in Ontario, Canada.

Circularity Capital to invest in recycled PVB specialist

Circular economy-focused private equity firm Circularity Capital is to invest in Denmark-based Shark Solutions, a specialist in advanced recycled polyvinyl butyral (PVB) products.

BankTrack: Banks are failing to follow Equator Principles

Signatory banks to the Equator Principles may be failing to uphold its standards such as grievance mechanisms in current projects being financed, according to a report by NGO BankTrack.

GISD calls for blended finance fund for increased UN SDGs funding

The UN-convened Global Investors for Sustainable Development (GISD) Alliance has developed more than 60 proposals calling for the UN Sustainable Development Goals (SDGs) to receive accelerated funding, including through data standardisation and a blended finance fund.

Climate change to prolong wildfire seasons by months - Four Twenty Seven

Four Twenty Seven has created a dataset projecting changes to the likelihood of wildfires in a world affected by climate change.

People Moves 7 August: UniCredit; Arup; London Stock Exchange