News

  • Corporates lead green bond issuance across $3trn milestone

    01 May 2024

    Cumulative green bond issuance has crossed $3 trillion after a strong start to 2024 for the oldest sustainable bond instrument, with corporates leading the way with its own $1 trillion milestone passed.

  • KfW: 'Greenium discussion is back' with €4bn green bond

    01 May 2024

    KfW has raised €4 billion ($4.3 billion) from an "extraordinary" green bond of 2024, which the German development bank said reopens the discussions around the 'greenium' for green bonds.

  • Biodiversity financing gap stems from lack of value placed on ecosystem services, says Allianz

    01 May 2024

    The biodiversity financing gap is mainly caused by a lack of understanding of the "price tag" for ecosystem services, with the value of soil being particularly poorly understood, according to a research note by Allianz.

  • Companies weigh delaying preparations for SEC rule in face of legal uncertainty, lawyer says

    30 April 2024

    Uncertainty surrounding the outcome of legal action challenging the Securities and Exchange Commission (SEC) climate disclosure rule is causing some US-listed companies to consider pausing their preparations for compliance, according to a lawyer.

  • Green bond emissions accounting could 'significantly boost' market

    30 April 2024

    Accounting exclusively for project emissions financed through green bonds could "significantly boost" demand for the instrument as well as encourage greater green bond supply from 'transition' issuers, according to Barclays.

  • Heavy industries must speed up to get on track with emissions targets, says WBA

    30 April 2024

    Heavy industries need to triple carbon emission intensity reduction over the next five years to align with the 1.5°C trajectory, data from the World Benchmarking Alliance (WBA) has found.

  • ICMA, IsDB publish 'milestone' sustainable sukuk guidance

    29 April 2024

    The International Capital Market Association (ICMA), Islamic Development Bank (IsDB) and London Stock Exchange Group (LSEG) have published guidance on issuing sukuk aligned with the widely used Green and Social Bond Principles.

  • SEC climate rule built to survive legal challenges, says former counsel

    29 April 2024

    The US Securities and Exchange Commission (SEC)'s final climate rule was built to withstand legal challenges that seek to block it, and stands a good chance of doing so, according to a former senior counsel at the agency.

  • Japan shows value of clear policy to spur transition finance, JCR says

    29 April 2024

    Japan's sovereign transition bond, and its links to government 'roadmaps' to decarbonise high-emitting sectors, shows how clear policy frameworks can catalyse 'transition finance', according to Japan Credit Rating Agency (JCR).

  • AXA IM engagements increasingly focus on climate change

    29 April 2024

    More than one-third of AXA Investment Managers' engagements focused on climate change last year, according to its latest stewardship report, driven by a higher frequency of discussions by portfolio managers and credit research analysts.