News

160 financial institutions call for international plastic treaty

Banks, investors and insurers representing $15.5 trillion in combined assets have signed a Financial Statement on Plastic Pollution, calling for a new international treaty to tackle the issue.

'Huge opportunity' for private transition credit growth, says HSBC

There is a "huge opportunity" for private credit markets to provide transition finance, in particular direct lending through sustainability-linked loans (SLLs), said HSBC Asset Management (HSBC AM).

NZAOA releases fourth target setting protocol

The UN-convened Net-Zero Asset Owner Alliance (NZAOA) has released the fourth edition of the Target-Setting Protocol (TSP V4) which expands private asset classes coverage, requires a new round of targets and introduces the assessment of govvies' holdings.

Gabon's debt-for-nature swap 'still works' despite coup, LGIM says

A 'debt-for-nature swap' designed to provide $160 million of funding for ocean conservation projects in Gabon "still works" despite a coup led by the country's army, a prominent investor in the deal told an Environmental Finance event.

Investors increasingly withhold support for companies' climate plans

Asset managers are increasingly withholding support for say-on-climate votes, as scrutiny over sustainability plans continues to ramp up, Morningstar has found.

Loan round-up: Odfjell, Gerald Group, Société de la Tour Eiffel and ... more

Sustainable bonds 'on track' for $1bn issuance in 2024

Sustainable bond issuance is looking set to return to a billion-dollar market in 2024 after a record-breaking first quarter, according to Environmental Finance figures.

Sovereign green bonds should 'move on from railways' for impact

Sovereign issuers have been urged by an investor to look beyond clean transport - in particular, railways - for their green bond allocations in order to improve impact, an Environmental Finance event heard.

Agri-food sector 'structurally unprepared' to transition smoothly, warns UBS

The agri-food industry is "structurally unprepared" to meet sustainability goals smoothly, UBS has warned, as it calls on governments to support the market on the issue.

Emerging markets sustainable bond issuance still faces challenges

Momentum is building in sustainable bond issuance in several emerging markets, but a range of obstacles to attracting capital still need to be overcome, attendees at the Environmental Finance Sustainable Debt EMEA conference heard.