News

GSAM backs SLBs with step-downs

A major sustainable bond investor has urged investors and asset owners to seriously consider sustainability-linked bonds (SLB) with a step-down coupon on achieving or outperforming targets, as it is a "better structure" for the performance-based instrument.

Issuers should 'use more Opex in green bonds,' says GSAM

Goldman Sachs Asset Management (GSAM) said green bond issuers should look to use more operational expenditures (Opex) in their use-of-proceeds allocation to help grow the market.

Two impact investment heavyweights receive Honours

Two London-based impact investment leaders have been honoured with the position of Officer of the Order of the British Empire (OBE) in the UK King's Birthday Honours.

Anti-greenwashing work has led to fewer green claims, French regulators say

Measures to tackle 'greenwashing' have led to a reduction in the number of green claims by financial institutions, according to French regulators.

People Moves, 14 June: PRI, Environment Bank, IIGCC, Robeco ... and more

UBS looking to mitigate renewables' harmful impact on nature

UBS said it will look to mitigate renewable energy's harmful impacts on nature, by improving land management and carrying out more long-term analysis.

Projects linked to suspended account placed on hold by Verra

Verra has placed several projects linked to a suspended account on hold pending a formal review after Brazil's Operation Greenwashing alleged a criminal organisation was suspected of selling BRL180 million ($33.6 million) in carbon credits.

UK climate tech start-ups face 'valleys of death'

UK climate tech start-ups will need more support if the country is serious about the transition to a low-carbon economy, panellists at a Barclays roundtable said.

BIS and MAS develop 'blueprint' for regulators' climate data platform

The Bank for International Settlements (BIS) and Monetary Authority of Singapore (MAS) have developed a 'blueprint' for a proposed climate data platform they said could help financial regulators understand emerging climate-related risks.

Qatar Central Bank publishes 'important' financial sector sustainability strategy

The Qatar Central Bank (QCB) has published its sustainability strategy for the financial sector, which includes plans to develop a sustainable taxonomy and guidelines for sustainable debt instruments - including sukuk.