News

  • Nature-based investments becoming 'increasingly profitable' in Brazil

    23 September 2024

    Nature-based solutions are becoming "increasingly profitable" in Brazil, the UN Framework Convention on Climate Change (UNFCCC) Climate Champions group has said, as it calls for further "innovative financial mechanisms".

  • BNDES warns not all Brazil's reforestation projects will be economically viable

    23 September 2024

    Financing Brazil's reforestation will be critical to delivering the country's Paris Agreement commitments, but projects might not always be "economically viable" for the private sector, BNDES has said.

  • 'Are green bonds the appropriate place for early-stage technology investment?'

    23 September 2024

    AXA Investment Managers has argued that research and development (R&D) investment into emerging green and transition technologies should not be a too large element of green bond allocation, as the bond markets are maybe not the most appropriate place for these riskier investments.

  • Step-down SLBs a 'hard sell' for investors - but 'step-backs' have potential

    23 September 2024

    Sustainability-linked bonds (SLBs) with a 'step-down' coupon on achieving certain targets are a "hard sell" for investors, an Environmental Finance event heard - but 'step-back' coupon deals could prove more popular.

  • BlackRock: AI is 'big help' for sustainable bond impact attribution

    23 September 2024

    Early testing of artificial intelligence (AI) by BlackRock sustainable bond analysts has suggested that it is a significant help in correctly determining impact attribution to the use-of-proceeds of these bonds.

  • ING further restricts upstream oil & gas financing

    20 September 2024

    ING has further tightened its restrictions on financing the oil and gas sector, although one NGO branded the development as being "of little value".

  • 'Tide has definitely shifted on nuclear' in green finance

    20 September 2024

    Attitudes towards the place of nuclear power in sustainable finance markets have "definitely shifted" in the last couple of years, an Environmental Finance event has heard - but their place in green bonds remains a "separation point" in the market.

  • M&G's £5bn Catalyst fund to open to institutional investors in 2025

    20 September 2024

    M&G Investments plans to open its £5 billion ($6.6 billion) Catalyst fund to institutional investors from next year, Environmental Finance has learned, in a move that should enable it to expand.

  • US regulator approves voluntary carbon credit guidance

    20 September 2024

    The Commodity Futures Trading Commission (CFTC) has approved guidance on the listing of voluntary carbon credit derivative contracts for CFTC-regulated derivatives exchanges, which the agency said would drive standardisation, deter market manipulation and help price discovery.

  • Green bond reporting requirements are 'crazy'

    20 September 2024

    The volume of green bond reporting requirements for participants is at "crazy" levels, according to panellists at the Environmental Finance's Sustainable Debt Americas 2024 conference held in New York this morning.