News

Moody's: 2023 sustainable bond issuance 'still on track' for $950bn

Moody's Investors Service said annual sustainable bond issuance in 2023 was still "on track" to surpass 2022 levels, with the financial services firm reiterating its $950 billion forecast ahead of the UN COP28 climate summit next month.

Webinar: Government support needed to fund transition technologies

Further support from governments, through policies and subsidies, is needed to help accelerate funding of technologies critical to the net zero carbon transition, a recent Environmental Finance webinar heard.

Hong Kong to form ESG code of conduct working group

A group is to be established to promote a "globally consistent" code of conduct for ESG ratings and data providers in Hong Kong.

French government warned against 'institutionalising' greenwashing in Label ISR

Webinar: Transition finance 'too caught up in labels'

Despite the lack of clarity in the market on how the theme of transition can be incorporated into sustainable loans and bonds, there is often too much focus on labelling, an Environmental Finance webinar has heard.

Franklin Templeton launches two green bond ETFs

Franklin Templeton has launched two actively managed green bond exchange-traded funds (ETFs), four years after its ground-breaking debut green bond ETF launch.

Aareal Bank plans benchmark green bond after tightening green building criteria

Aareal Bank is planning to issue its third benchmark-sized green bond in 2024, after the German property lender updated its green finance framework with new and tightened green building criteria.

Emerging market ESG disclosure impact on sustainable bond issuance research launched

The International Finance Corporation (IFC) and Environmental Finance have published the first in a trio of free-to-read research papers on the impact of environmental, social and governance (ESG) disclosure levels on sustainable bond issuance in emerging markets.

UK 'likely' to make TNFD mandatory

The UK is 'likely' to make Taskforce for Nature-related Financial Disclosures-aligned disclosures mandatory, according to Linklaters.

Sustainable sukuk 'to nearly double market share in five years'

Fitch Ratings said that sustainable sukuk could grow to be 7.5% of the overall sukuk market by 2028, up from 4% at the end of the third quarter.