News

  • Bank of China raises CNY2.5bn from ground-breaking 'SGS' sustainable bond

    28 August 2024

    Bank of China (BoC) has raised CNY2.5 billion ($351 million) from the first 'sustainability-linked, green, and social loan' (SGS) bond issued under its innovative framework which follows the publication of recent ground-breaking market guidance.

  • Climate lobbying among most powerful levers to address 'frightening' climate risk - Railpen

    28 August 2024

    Pushing oil and gas companies to align their climate lobbying with decarbonisation targets is one of the most powerful levers for addressing a "frightening" acceleration in climate risk in institutional investors' investment portfolios, according to Railpen.

  • Limited funding for UK energy generation solutions, says SDCL

    28 August 2024

    Energy generation remains underfunded despite broader investor interest in backing energy transition themes, Sustainable Development Capital's founder has told Environmental Finance.

  • Trump victory could see EV makers bear brunt of weakened IRA, says MUFG

    27 August 2024

    Subsidies for the purchase of electric vehicles (EVs) are among areas of the Inflation Reduction Act (IRA) set to be most at risk if Donald Trump wins re-election later this year, according to researchers at MUFG.

  • New partnership aims to drive down carbon credit testing costs

    27 August 2024

    Swiss climate tech company Hyphen Global and US tech company LI-COR have partnered up to bring down the costs of atmospheric technologies for carbon credit project developers.

  • Jordan Ahli Bank issues 'landmark' first sustainability bond

    27 August 2024

    Jordan Ahli Bank (JAB) has raised $50 million from the first sustainability bond by a Jordanian issuer.

  • Better data, fewer indices needed to drive ETF flows, says IIA

    26 August 2024

    Improvements in ESG data will lead to better indexes for asset managers, but to drive more flows into the industry, investors must coalesce around fewer definitions, according to the Index Industry Association.

  • Development Bank of Rwanda readies second sustainability-linked bond

    23 August 2024

    The Development Bank of Rwanda (BRD) is planning to raise up to RWF35 billion ($26 million) from its second sustainability-linked bond (SLB), less than a year after its landmark debut.

  • Banque de France raises concerns about nature modelling

    23 August 2024

    Banque de France has found that existing ways to model the economic consequences of nature loss have significant drawbacks, calling for further integration of ecological science and existing policies into any scenarios.

  • Canada transition finance market awaits if Taxonomy gets 'unstuck'

    23 August 2024

    Pent-up demand for transition finance in Canada could be released if the government can get "unstuck" with its long-awaited transition-focused taxonomy later this year, but challenges around the role of gas continue to hold progress back.