News

'Little correlation' between funds with sustainability labels and SFDR ambition

There is little correlation between funds that attain labels to prove their sustainability credentials and those that self-categorise as 'Article 9' funds under the most ambitious category of the EU's Sustainable Finance Disclosure Regulation (SFDR), according to Novethic.

Loan round-up: Trafigura, Verde Agritech, Nexa Resources ... and more

Sustainable bond market will become 'too large to ignore' for US issuers

Despite a surprisingly lacklustre US sustainable bond issuance response to the massive climate-focused Inflation Reduction Act (IRA) stimulus package, a green bond investor argues that "problem" of cautious US issuers will soon "take care of itself" as the market grows.

Ninety One: Transition perpetuating 'climate colonialism'

Efforts to encourage emerging markets to transition often perpetuate "climate colonialism" and set "uneven goalposts", Ninety One has told Environmental Finance.

Tackle greenwashing or face regulation, Swiss government challenges industry

The Swiss government has threatened to introduce regulation to tackle greenwashing among financial institutions unless the industry can show it can address the issue itself.

A quarter of corporates have no taxonomy alignment, ESMA analysis shows

Almost a quarter (24%) of corporates reported last year that none of their turnover aligns with the climate mitigation and adaptation criteria of the EU taxonomy, according to analysis by EU regulators.

Bond round-up: Chile, H&M, IDB Invest ... and more

Development Bank of Rwanda raises RWF30bn in landmark sustainability-linked bond

The Development Bank of Rwanda (BRD) has raised RWF30 billion ($24 million) from its debut sustainability-linked bond, which is the first instrument of this type issued by a development bank and the first sustainable bond from a Rwandan issuer.

Biodiversity still not 'paid attention to' by many Dutch investors

Dutch investors have been urged to integrate biodiversity in decision-making, after a study found that many "are not yet paying attention" to it as a theme.

EU Green Bond Standard approaches final formal step

The EU Green Bond Standard (EU GBS) has taken another formal step towards its final passage into law after the European Council officially adopted the first regulation for green bonds in the world, clearing the way for its final signing into law by late November.