US, Indonesia agree $35m debt for nature swap

Development Bank of Rwanda readies second sustainability-linked bond

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

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'

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.

Fed must address climate 'elephant in the room'

Manulife meets three nature targets early

Manulife Investment Management, which claims to be the world's largest natural asset investor, has released its first annual nature report, revealing that it has met three of the five targets it had set for 2025.