Africa50 leads $42m financing for African EV bus operator

EU 'discussing criteria' for sustainable, transition categories to replace SFDR Articles 8 and 9

Discussions within the European Commission are "advanced" on eligibility criteria for 'sustainable' and 'transition' categories that would replace Articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), according to a source claiming knowledge of the talks.

Barclays: 'Surprising' rise in principal repayment penalty SLBs

There has been a "surprising" increase in the use of penalties applied to the principal repayment at maturity for sustainability-linked bonds (SLBs), according to Barclays - a move that it said could make the struggling instrument "less appealing" to investors.

M&G launch €50m sustainable bond fund

Sustainable debt round-up: IBRD, Canada, Health & Happiness ... and more

COP16: $2.5trn investor group urges governments to step up on biodiversity

Investors representing $2.5 trillion assets under management have urged governments to take more ambitious action on biodiversity at COP16, including introducing mandatory nature disclosures.