News

  • Rwanda considering sovereign SLB after development bank success

    23 April 2024

    Rwanda is considering issuing a sovereign sustainability-linked bond (SLB) after its development bank successfully issued a ground-breaking deal last year, an Environmental Finance event heard.

  • Austria launches ground-breaking 'green' money market instrument

    23 April 2024

    Austria has launched the first sovereign 'green' money market product which is open to retail investors, with a "strong uptake" in the 'Green Bundesschatz' reported from investors already.

  • Governments urged to make nature transition plans mandatory

    23 April 2024

    Governments have been urged by Finance for Biodiversity to make nature transition plans and disclosures mandatory for the financial sector to meet the goals of the Global Biodiversity Framework (GBF).

  • Europe needs more green securitisations, says head of French central bank

    23 April 2024

    'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.

  • Moody's promotes Ghosh to global role

    22 April 2024

    Moody's Ratings has named Rahul Ghosh as global head of sustainable finance.

  • BoE suggests ways financial institutions can build on climate scenarios

    22 April 2024

    Financial institutions can improve the relevance of results from climate scenario modelling by 'extending' them to incorporate data from sources such as building Energy Performance Certificates (EPC) ratings, according to research published by the Bank of England.

  • The UK's SDR has overlooked 'ethical' funds

    22 April 2024

    The UK's Sustainability Disclosure Requirements (SDR) should create an additional label for 'ethical' funds, an asset manager has argued.

  • EFRAG proposes reducing 'circular economy' ESRS datapoints

    22 April 2024

    The European Financial Reporting Advisory Group (EFRAG) has revealed it will vote this week on proposals to reduce the number of individual datapoints companies will disclose against under the Corporate Sustainability Reporting Directive (CSRD).

  • Transition bond label is a 'distraction' for transition finance, says MetLife IM

    22 April 2024

    A dedicated 'transition bond' label for corporate issuers "distracts" from the forward-looking, long-term focus that transition finance requires, according to MetLife Investment Management (MetLIfe IM).

  • SBTi regrets 'misinterpretation' over offsets statement

    22 April 2024

    The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.