News

ICMA working on 'green enabling' activities guidance to counter 'greenwashing reflex'

The International Capital Market Association (ICMA)-administered Principles is preparing to publish some guidance for 'green enabling' activities in advance of its annual general meeting (AGM) in June.

Loans round-up: Sonatel, Preem, USI ... and more

EU readies greenwashing reports as UK rules bite

Financial institutions in the UK rushing to meet a tight deadline to comply with new anti-greenwashing rules are also bracing for news of potential next steps to regulate activity in the EU, with reports from regulators due in coming days.

Eurazeo targets €750m for Planetary Boundaries impact fund

Eurazeo has launched an impact buyout fund investing in small-to-mid market European companies, with a target size of €750 million ($814 million).

Emerging market GSSS issuance hits all-time high in 2023, Amundi report finds

Green, social, sustainability and sustainability-linked (GSSS) bond issuance in emerging markets reached an all-time high last year, according to a joint report by Amundi and the International Finance Corporation, largely driven by growth outside of China.

Emirates Islamic raises $750m from 'milestone' debut sustainability sukuk

Emirates NBD-owned lender Emirates Islamic has raised $750 million from its inaugural sustainability sukuk, described as a "milestone" deal following the publication of key market guidance.

Robeco survey finds investors expecting 'disorderly' transition

Over three-quarters of investors expect the transition to a low-carbon economy to be in some way "disorderly", with only a small minority expecting governments and markets to work together, according to a new survey.

Banks using PRB framework to aid CSRD reporting in absence of finance sector guidance

Some banks are using a framework designed for the Principles for Responsible Banking (PRB) initiative to help meet reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), a UN Environment Programme Finance Initiative (UNEP FI) webinar heard.

Bond round-up: AfDB, Verbund, IDB Invest ... and more

Farmers need access to sustainable debt for nature-based solutions, says CBI

Farmers need better access to sustainable debt and "innovative financing solutions" to help scale up nature-based solutions, according to the Climate Bonds Initiative (CBI).