The European Commission has issued €6 billion of NextGenerationEU green bonds in its fourth syndicated transaction for 2023. The single tranche transaction was executed via a tap of the green...
The World Bank’s Board approved a new US$100 million equivalent loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO). The operation supports the 2021-26 Program of the Government of...
More than €1.1 billion in finance to be mobilized in sustainable projects, supported by €150 million in InvestEU guarantees The InvestEU Investment Committee has approved guarantees worth up to around €150 million...
The World Bank approved $82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat Congo) in the Republic of Congo. The total amount includes a $70 million loan from...
The European Investment Bank (EIB) has agreed to lend €450 million to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance renewable energy connections and the reinforcement and upgrading of the...
EIB Global, the arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a €70 million EU investment grant with the government of the Republic of North...
The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The...
EU Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the...
The European Central Bank (ECB) has published its first climate-related financial disclosures, which provide information on its portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related...
Japan’s third-biggest oil refiner, Cosmo Energy Holdings Co Ltd, will make an investment of $3.2 billion in the next three years, with 30% to be allocated in green power and...
Yesterday’s final investment decision clears the way for the start of construction of EnBW’s largest offshore wind farm to date, with an installed capacity of 960 megawatts (MW). “The final...
Carbon markets hold steady amid energy cost surges, finds the International Carbon Action Partnership (ICAP)’s Emissions Trading Worldwide Status Report for 2023. The world’s emissions trading systems (ETSs) were largely...
The EU Commission is proposing common criteria against greenwashing and misleading environmental claims. Under the proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it actually is green, and...
From tomorrow, at the United Nations Water Conference in New York from 22 to 24 March, the EU will be confirming its strong engagement for global water security by announcing 33 commitments...
South Korea revised down its 2030 targets for reducing greenhouse gas emissions in the industrial sector on Tuesday but maintained its national goal of cutting emissions by 40% of 2018...
This month, Sweden took over the rotating presidency of the Council of the EU with a pledge to focus on security, competitiveness, green and energy transitions, democratic values and the...
British Columbia’s decision this week to toughen emissions standards for new liquefied natural gas (LNG) projects creates one of the most robust climate plans in North America, but sets a...
Malaysia’s Petronas has bid 38 billion rupees ($460 million) for a 20% stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its...
Scottish Power, an Iberdrola group company, and Haizea Wind Group, a world leader in the manufacture of wind towers, have signed a framework agreement worth over €200 million for Haizea Bilbao to supply...