Standard Chartered’s latest Sustainable Banking Report 2023 reveals USD3.4 trillion of retail investor capital could be mobilised towards climate investments in 10 growth markets across Asia, Africa and the Middle East by...
With an ambitious financing package announced at COP28, the World Bank Group is helping people in developing countries better withstand the devastation of climate change and create a better world...
Stripe, a financial infrastructure platform for businesses, launched Climate Orders, which makes it easy for any business to pre-order carbon removal tons via Frontier, an advance market commitment (AMC) cofounded by...
Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic...
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released additional guidance for its Claims Code of Practice (Claims Code), enabling companies to make claims about their use of high-quality carbon credits....
Allianz Global Investors (AllianzGI), FMO Investment Management (FMO IM), and the John D. and Catherine T. MacArthur Foundation (MacArthur) announced that the SDG Loan Fund (the Fund) has successfully mobilized...
H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply chains. To realise this ambition, H&M Group, together with Southeast...
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the...
Over the past several years, BNP Paribas has been very active in Sustainability-Linked Loans (SLL), which aim to foster companies to improve their ESG performance by directly linking the financial conditions...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched a consultation on its roadmap for insuring the transition. The consultation sets out Lloyd’s proposed approach for the next...
The Commission launched the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of...
Small-scale farmers and agribusinesses are on the front lines of two global battles: one to ensure food security and the other against climate change. As small-scale agriculture provides 35% of...
The Commission is opening the Innovation Fund‘s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from...
Ericsson has successfully placed a green Euro-denominated 500 million 4.5-year bond. The bond was issued under Ericsson’s Euro Medium Term Note Program (EMTN). The issue follows a well-attended road show,...
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a €500 million financing agreement to support ABB’s research and development in its Electrification...
• The third green issue of the year has set a coupon of 4.183%.• The company is making progress on its renewed objective of having around 40% of its financing...
BBVA reached an agreement with Brookfield Properties to move its New York office from 1345 Avenue of the Americas to the new complex at Two Manhattan West. The bank will move...
Hyundai Capital Services announced today that it was acknowledged as the Best Practice Company in the “Sustainable Finance” category at the “UN Global Compact Korea Leaders Summit 2023” hosted by...
IFC, a member of the World Bank Group, and T. Rowe Price announced plans to create a pioneering global blue bond strategy to increase access to finance for blue projects...
The world is not on track with meeting the Sustainable Development Goals (SDGs). As of 2022, 2.2 billion people lacked safely managed drinking water, 3.5 billion lacked access to safely...