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Bahamas signs 'ground-breaking' $300m debt-for-nature loan deal
22 November 2024The Bahamas has signed a $300 million loan with Standard Chartered as part of a ground-breaking marine conservation-focused debt conversion transaction developed with The Nature Conservancy (TNC) and Inter-American Development Bank (IDB).
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Sustainable debt round-up: National Bank of Greece, California Community Choice, CTP ... and more
20 November 2024 -
Clarion Partners Europe agrees €240m NAV line with Natwest
19 November 2024 -
COP29: €3bn public-private fundraise planned for emerging market green bond fund
15 November 2024The EU-led Global Green Bond Initiative (GGBI) is preparing to raise €3 billion ($3.2 billion) for a fund which will serve as an "anchor investor" in emerging market (EM) green bonds, the European Investment Bank (EIB) told a side event at the UN COP29 climate summit.
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Sustainable debt round-up: New Development Bank, Neinor Homes, Huhtamäki ... and more
13 November 2024 -
Commercial Bank of Ceylon plans LKR5bn green bond debut
13 November 2024The Commercial Bank of Ceylon (ComBank) is planning to raise up to LKR5 billion ($17 million) from its inaugural green bond, believed to be only the second sustainable bond issuance in the country.
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COP29: Climate finance vehicle prepares for inaugural bond issue
12 November 2024An innovative climate finance vehicle has signalled that it is ready to issue its first bonds, although they are not expected to be labelled 'green'.
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Odfjell: No 'lookback' period is 'important' for transition loans
12 November 2024'Transition loan' pioneer Odfjell said the focus on having little to no lookback period for eligible investments was "important" for transition finance instruments, but it does require companies to make a "clear commitment" around future investments.
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Ducking public Scope 3 targets in SLBs 'tarnished' market
08 November 2024Although Scope 3 emissions targets are "tough," a sustainable bond investor said cases of sustainability-linked bond (SLB) issuers with public targets related to material Scope 3 emissions "tarnished" the market by not including them in their bond deal.
- La Banque Postale invests in ESG data startup
- Fight or flight: Contract and financing considerations for UK SAF projects
- BNP Paribas targets $500m for developed markets forestry fund
- COP29: €3bn public-private fundraise planned for emerging market green bond fund
- COP29 could be remembered as the 'blended finance COP', AllianceBernstein says
- EU countries reject move to weaken Deforestation Regulation
- COP29: Financing Net Zero
- COP29: Finance text draws criticism for missing 'elephant in the room' of numbers
- COP29: Sweden pushes forward on Article 6.2
- Sustainable debt round-up: National Bank of Greece, California Community Choice, CTP ... and more
Annual issuance of sustainable bonds in the Americas
Since the peak of 2021, sustainable bond issuance in the Americas has stayed steady at around $177 billion for both 2022 and 2023. Despite total issuance for the region having stayed the same for both 2022 and 2023 there has been a shift in distribution between North, South and Central American issuance, with Northern American issuance falling in 2023 and South and Central American issuance increasing to their highest recorded share at 21% and 10% respectively.
So far in 2024 North American issuance has picked up slightly to 70% of total issuance up from 68% in 2023, however Central American issuance is also currently on track to record its biggest year ever, with 12% of issuance year to date. In total the Americas region looks set to reach similar levels as 2022 and 2023 by the end of the year however it is unlikely it will achieve the $223 billion issued in 2021.
You can find more analysis and informative infographics on the sustainable loan market from the Sustainable Loans Insight guide 2024 here.
For comprehensive data on all green, social, sustainability and sustainability-linked bonds and loans, please visit EF Data. For more information, a demo or a free trial please contact scott.davis@fieldgibsonmedia.com