News

BlackRock: 'US IRA has not triggered green bond issuance - yet'

The significant investment in sustainable activities stimulated by the huge US clean technology stimulus programme has not boosted green bond issuance in the country yet, but BlackRock told an Environmental Finance event that this could change soon.

People Moves, 20 September: Mirova, CAM, Vision Ridge, AFII and more

NAIC defends climate work against political questioning

The National Association of Insurance Commissioners (NAIC) has defended its work on climate-risk and resilience-related efforts against questioning from US politicians focused on the crisis in the country's property insurance market.

Zurich to drop oil and gas producers lacking credible transition plans by 2030

Zurich has unveiled its 2024 climate transition plan that sets interim targets and the strategy to achieve net-zero by 2050 across its insurance business, investments and operations.

Investors must move beyond 'lip service' on biodiversity, says Nuveen

Investors must move beyond "lip service" and actually be willing to look at nature and biodiversity investment opportunities, Nuveen has told an Environmental Finance conference.

Dow Chemical could issue second green bond in the future

Dow Chemical has not ruled out issuing a second green bond in the future, although any decision will not be made until after the US election in November.

Brazilian development bank to fund next wave of renewable technology

The Brazilian Development Bank (BNDES) wants to fund the next wave of renewable technology in the country, but there is a need for more blended finance, according to Luciana Costa, infrastructure, energy transition and climate change managing director at BNDES.

Sovereign SLBs challenging due to the nature of the issuer

Sovereigns across the world have embraced the sustainability-linked bond (SLB) instruments, with issuance increasingly being considered, but the nature of sovereigns creates some challenges for investors, the audience at Sustainable Debt Americas 2024 heard.

Emerging sustainable technologies face continued acceptability challenges

Emerging technologies face a host of challenges in becoming more accepted in the sustainable finance market, according to panel members at the Environmental Finance's Sustainable Debt Americas 2024 conference held in New York this morning.

Rwanda to develop Article 6 projects pipeline with GenZero and Gold Standard

Rwanda has signed an agreement with carbon standards body Gold Standard and Singapore-based investor GenZero to develop a pipeline of Article 6-compliant carbon credit projects.