Euronext, the leading pan-European market infrastructure, announced the launch of a series of strategic ESG initiatives aimed at accelerating the transition towards sustainable finance. These innovative ESG services were unveiled...
The Global Green Bond Initiative (GGBI) and the Inter-American Development Bank (IDB) have partnered to support the development of green bond markets in Latin America and the Caribbean (LAC). The...
Allianz is publishing its first comprehensive net-zero transition plan, which substantiates the company’s long-term strategic climate commitment to achieve net-zero emissions by 2050 in its proprietary investment and P&C underwriting...
Keppel and DBS announced that they have signed a memorandum of understanding (MOU) to jointly scale up sustainable urbanisation and digitalisation solutions in Asia, with a focus on India given...
Kenyan telecoms firm Safaricom has secured a $102.95 million loan from a consortium of domestic banks to fund environmentally sustainable projects. Namely – Standard Chartered Bank Kenya (SCBK.NR), Stanbic Bank, ABSA...
The Africa Carbon Markets Initiative (ACMI) has drawn hundreds of millions of dollars in pledges from governments, businesses, and financial institutions, as African leaders seek to mobilize climate finance for...
IFM Investors, a global investment manager owned by Australian pension funds, is pleased to announce the appointment of Maria Nazarova-Doyle as Head of Sustainable Investment. Based in London, Nazarova-Doyle will...
SFIA identifies ESG Book as a potential technology partner for Project SAFE, an initiative to address ESG data requirements and disclosure gaps in ASEAN markets. ESG Book, a global leader...
H&M Group has published a Sustainable Finance Framework encompassing a new Green Finance Framework and an updated Sustainability-Linked Finance Framework. The Green Finance Framework specifies eligible green projects under the International Capital MarketAssociation (ICMA) categories Circular Economy, Green Buildings, Renewable Energy, Energy Efficiency and Sustainable Water Management and Wastewater Management. The Sustainability-Linked Finance Framework...
Wells Fargo to commit $300,000 in scholarships to HBCUs and host financial workshops for the HBCU community during the 2023 HBCU football season. This year, Wells Fargo will serve as the official...
Although the most recent Gender Equality Report presented at the World Economic Forum recorded that Colombia has closed the gender equality gap by 75.1 percent, it is still a challenge to reach...
IFC provided record financing in Africa in fiscal year 2023, helping to accelerate the continent’s energy transition, develop greener manufacturing, increase intra-Africa trade, strengthen smaller businesses, and boost local food...
The government of Bangladesh and the World Bank signed a $300 million financing agreement to equip about 900,000 economically disengaged rural youth with skills and alternative education needed for employment...
Securitization style warehouse facility will expand deployment of Redaptive’s metering, energy saving, and energy generating projects Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche...
The World Bank Board of Directors approved two new projects for Argentina. The first focuses on increasing access to financing for micro, small and medium enterprises (MSMEs) so that they...
The International Finance Corporation (IFC), a member of the World Bank, and Internacional de Inversiones (IDEI), a developer of sustainable real estate projects, announced the issuance of a green bond...
James will lead a project finance team focused on helping clients transition to net-zero Barclays is pleased to announce the appointment of James Edmonds as Global Head of Sustainable Project Finance in...
This is the third financing signed between Neoenergia and MUFG, after two agreements in partnership with the Japan International Cooperation Agency Iberdrola, through its Brazilian subsidiary Neoenergia, and Mitsubishi UFJ Financial...
Morgan Stanley has made remarkable progress in advancing its commitment to finance sustainable and low-carbon investments, nearing the two-thirds mark of its ambitious target to reach US$1 trillion by the end...
Grant funding prioritized for areas already overburdened by air pollution The U.S. Environmental Protection Agency (EPA) announced the availability of $115 million in grant funding for projects that cut harmful...
ProLogium, an energy innovation company specializing in the R&D and manufacturing of next-generation EV solid-state battery solutions has selected France as the location for its first large-scale solid-state battery manufacturing...
Funding is Part of a $1 Billion Effort to Deploy Solar and Battery Storage to Puerto Rico’s Most Vulnerable Residents, Helping Increase Resilience and Lower Energy Bills for up to...
BBVA and Wallbox, one of the world’s leading providers of electric vehicle charging and energy management solutions, have signed a €25 million financing agreement, with which the bank intends to...
The European Investment Bank (EIB) is financing Munich-based VoltStorage GmbH with a venture debt loan of €30 million. The aim is to co-finance the development and commercialisation of innovative Vanadium redox flow...
To support the development of certified green buildings in South Africa, IFC announced a partnership with Absa Bank Limited to help the bank expand its residential and commercial loans and...
Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Global Impact Corporate Bond Fund and the Goldman Sachs USD Green Bond Fund, which aim to enable fixed...
IFC is joining forces with the Banking Association South Africa (BASA) to help increase climate finance in the country and pave the way for a transition to a low carbon...
The United Kingdom (UK) and Singapore held the 8th UK-Singapore Financial Dialogue in London yesterday. The Dialogue facilitated a useful exchange of views, and identified opportunities for further collaboration on...
To improve the quality of infrastructure at Cabo Verde’s seven airports, and help them reduce greenhouse gas emissions, IFC announced a sustainability-linked financing package for Cabo Verde Airports SA, a...
The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. The renewable...
Funding from President Biden’s Investing in America Agenda Will Transform Carbon Pollution into Useful Products, Curbing Greenhouse Gas Emissions and Maximizing Public Health The U.S. Department of Energy (DOE) announced...
VARO Energy announces it has successfully completed a $3.33 billion financing, comprising a $1.13 billion loan and a $2.2 billion Borrowing Base Facility. The issuance results in the upsizing of...
Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency. The transaction represents the first...
RMI and UID establish Happy Energy Action Leadership Program to deliver on Indonesia’s Just Energy Transition Commitments. United in Diversity (UID) and RMI signed a memorandum of understanding, formalizing a...
A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate...
The European Commission has approved, under EU State aid rules, a €850 million French measure to support ArcelorMittal France in partially decarbonising its steel production processes. The measure will contribute to...
Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and international investors with...
ING and the European Investment Bank have strengthened their long-term partnership by making over €600 million available for new loans and leases to small and medium-sized enterprises in the Netherlands,...
Following on from the major financial partnership signed in 2019 to support the transition to a sustainable economy via green vehicle development, the European Investment Bank (EIB) and ALD | LeasePlan, the...
During the EU-CELAC Summit of Heads of State and Government, the European Investment Bank (EIB) announced the signature of its first ever residential mortgage-based loan to finance access to energy efficient...
Addressing the urgent need for climate infrastructure investment Export finance delivers long-term debt financing guaranteed by official export credit agencies. Export finance allows project sponsors to significantly reduce the cost...
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of...
ALLO is poised to build on its remarkable track record of growth and innovation, securing sustainable financing by deploying the end-to-end Calix broadband platform to reduce network power consumption 73...
EPA seeking applications to two Greenhouse Gas Reduction Fund competitions to advance clean technology projects in communities across the country The U.S. Environmental Protection Agency (EPA) launched two Notices of...
During the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government, the European Investment Bank (EIB) will announce the signature of several loans to...
Bond Supports Social & Environmental Projects in New England & New York Berkshire Hills Bancorp, Inc. has announced that proceeds from its inaugural sustainability bond have been allocated to projects resulting...
LeapFrog Investments, the Profit with Purpose firm, plans to commit US$500m to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people....
Netherlands-based provider of autonomous charging solutions for electric transport Rocsys BV has signed a €18 million quasi-equity deal with the European Investment Bank (EIB). The agreement will provide Rocsys with financing...
The European Commission has approved, under EU State aid rules, the modification of a Dutch scheme to reduce greenhouse gas emissions. The scheme will further contribute to achieving the Netherlands’...
The ten-year bond issue, supported by strong demand, demonstrates the strong support and confidence investors have in the company. See related article: Iberdrola Introduces Global Green Employment, the Largest Platform...
The European Investment Bank (EIB) has granted a €62 million loan to Azienda Mobilità Trasporti Turismo e Territorio S.p.A. (AMT3) to promote the transition to sustainable mobility with low environmental impact...
Yesterday saw the successful conclusion of the placement of the new Sustainability-Linked Bond of Aeroporti di Roma, which directly links the cost of debt to the sustainability results actually achieved....
The governing board of the Climate Investment Funds (CIF) endorsed a $70 million plan to support grid flexibility for clean energy integration in Brazil. The concessional finance from CIF’s Renewable...
Endesa, ICO and the European Investment Bank (EIB) have joined forces once again to boost the rollout of renewable energy in Spain. To this end, Endesa CEO José Bogas, ICO...
New federal agency collaboration leverages investments made possible by President Biden’s Investing in America agenda to protect communities from harmful pollution The U.S. Environmental Protection Agency (EPA) and U.S. Department...
The World Bank’s Board of Executive Directors approved $1.5 billion in financing to accelerate India’s development of low-carbon energy. The financing will help India promote low-carbon energy by scaling up...
The World Bank’s Board of Executive Directors approved $67.7 million to help finance the first phase of the Kyrgyz Renewable Energy Development Project that aims to increase renewable energy generation...
The World Bank Board of Directors approved a US$150 million loan to promote investment in green hydrogen projects in Chile, accelerating the country’s green growth, energy transition and supporting its...
EPA seeking applications through the Greenhouse Gas Reduction Fund to bring solar to millions of homes in low-income and disadvantaged communities, funded by President Biden’s Inflation Reduction Act The U.S....
The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...
General Motors released its 2023 Sustainable Finance Report, as governed by GM’s Sustainable Finance Framework. In the report, the company provides an update on the allocation of net proceeds of...
GuocoLand Limited has secured a S$974 million green club facility from DBS Bank, United Overseas Bank, Oversea-Chinese Banking Corporation and Sumitomo Mitsui Banking Corporation for the refinancing of the commercial...
The International Finance Corporation (IFC), a member of the World Bank Group, announced the signing of a green and sustainability-linked loan to ENGIE Energía Chile. This financing, for a total...
Australia has green-lit plans to build a A$51 million ($34 million) renewable hydrogen plant in Victoria state, Energy Minister Chris Bowen said on Saturday, as the country moves to cut...
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the...
Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the...
GAIA – a proposed $1.5 billion climate and blended finance platform projected to reach nearly 20 million direct and indirect beneficiaries across 25 developing and emerging countries – prepares to...
Under an agreement announced, the International Finance Corporation (IFC), will invest up to $500 million in PT Bank BTPN Tbk, comprising a social bond and a green bond issuance. The...
The European Commission has approved a €1.1 billion Hungarian scheme to support electricity storage facilities to foster the transition to a net-zero economy. The scheme was approved under the State...
Apollo (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today published its 14th annual sustainability report, “Investing in Tomorrow, Today.” The report includes notable highlights from 2022 and milestones for Apollo’s sustainability...
The European Investment Bank priced its first ever SEK 1 billion digital Climate Awareness Bond (CAB) using so|bond, the sustainable and open digital bond platform built on blockchain technology launched...
BBVA and IFC, a member of the World Bank Group, announced the launch of Colombia’s first blue bond at the 2023 Banking Convention in Cartagena. The first tranche is for $50...
The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening...
40 Projects Across 21 States Will Advance Technologies to Decarbonize American Industry and Help Create Good-Paying Jobs The U.S. Department of Energy (DOE) announced $135 million for 40 projects that...
To protect Thailand’s blue economy and scale up financing for green projects, IFC is subscribing to a $400-million green and blue bond issued by Bank of Ayudhya Public Company Limited...
The NFL announced it is borrowing $78 million from 16 Minority Depository Institutions, Community Development Financial Institutions and minority- and women-focused banks to support and expand business opportunities with diverse enterprises...
The World Bank has priced a New Zealand dollar 950 million 3-year 5.00% fixed-rate bond due June 22, 2026. The benchmark bond was launched with an initial minimum target size...
A new project approved by the Board of the World Bank will help increase the use of renewable energy in public facilities in Türkiye. The $549 million Public and Municipal Renewable...
The World Bank approved a $100 million credit to strengthen Zambia’s nature-based economy and increase economic opportunities in emerging tourism destinations in the country such as Liuwa Plains National Park,...
The European Commission has put forward a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework. The transition to a climate-neutral and...
Solar manufacturing innovator, CubicPV announced it has secured new firm equity commitments in excess of $100 million dollars in support of its U.S. factory plans and tandem product roadmap. The investment...
JSW Cement, India’s leading Green Cement company and part of US$ 22 billion JSW Group, has signed a Sustainability Linked Loan agreement to raise USD 50 million (approx. Rs 414...
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19...
On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private...
The Inter-American Development Bank (IDB) has approved a loan to support the development of the green hydrogen industry and its derivatives in Chile. This operation seeks to help decarbonize the...
Agreement is part of a transformative model convening governments, global development banks and other multilateral agencies to use results-based financing to improve the lives of women Organon, a global healthcare company...
Investment management company Aquila Capital has secured a 3 billion yen ($21.5 million) loan from Japan’s Ashikaga Bank for a solar power project in Japan’s Chiba prefecture, the company said...
The BMW Group has signed a €8.0 billion syndicated revolving credit facility (RCF) with a tenor of five years and two one-year extension options. A total of 43 international and...
The government of Bangladesh and the World Bank signed two financing agreements totaling $858 million to enhance climate-resilient agricultural growth, food security, and improve road safety. The $500 million Program on...
BBVA’s Turkish unit has renewed its syndicated loan agreement obtained from international markets within the scope of its foreign borrowing program and in accordance with social sustainability criteria. The syndication...
The European Investment Bank (EIB) has agreed to support EVN AG’s investments in wind farms with an overall capacity of 103 MW, providing 72 650 Austrian households with green electricity. The project...
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Sicredi, a cooperative financial institution operating in all regions of Brazil, signed an agreement aimed at fostering the...