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[Updated] Fannie Mae prices its first structured green MBS
16 February 2017The US Federal National Mortgage Association (Fannie Mae) has priced a $611 million securitised bond that aggregates numerous green mortgages.
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Italy's environment ministry calls for national committee on green bond development
15 February 2017Italy's environment ministry has called for a national committee on green bonds, tasked with increasing issuance from the country.
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BlueBay expands ESG fixed-income investment activities
10 February 2017Fixed-income investment manager BlueBay Asset Management has created a high-yield bond investment strategy which applies additional environmental, social and governance (ESG) exclusions.
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Renewables reach cost parity with fossil fuels, says Lloyd's Register
09 February 2017Low-carbon technologies are often cost completive with fossil fuels and innovation in the sector is gathering pace, according to a report by Lloyd's Register.
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MSCI launches ESG indexes targeting 'world's largest asset owners'
08 February 2017US-based index provider MSCI has launched an environmental, social and governance (ESG) index series targeted at universal investors with diversified portfolios.
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China to launch pilot RECs market
07 February 2017China will launch a pilot national renewable energy certificates (RECs) scheme on 1 July 2017, according to the country's National Development and Reform Commission (NDRC), in a bid to reduce its subsidies to the sector.
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L&G makes first US renewable energy debt deal
06 February 2017Legal & General (L&G) has loaned US-based renewables developer Ahana Operations $65.8 million, marking its first foray into the US renewable energy debt market.
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Renewables fund secures investment from Australia's green bank
06 February 2017A fund that aims to help attract institutional investment in Australian renewable energy has secured a "cornerstone" equity investment from the Clean Energy Finance Corporation (CEFC) – the country's green bank.
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EIB, Ireland's sovereign wealth fund and Dasos invest in Irish forests
03 February 2017The European Investment Bank (EIB), Ireland's sovereign wealth fund and Dasos, a specialist forestry investment fund, have signed a multimillion euro deal to invest in Irish forests.
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CDC mandates banks to roadshow green bond
03 February 2017France's Caisse des Dépôts et Consignations (CDC) has mandated six banks to roadshow its inaugural green bond.