An International Monetary Fund (IMF) team, led by Ruben Atoyan, visited Kigali during October 17–31, 2023, to discuss the authorities’ policy priorities and progress on reforms within the context of...
The Federal Reserve Bank of New York released a paper on the challenges of electrifying 5- to 50-unit buildings in New York State. Electrifying such buildings, which comprise almost 20%...
Building Green Could Reduce Carbon Emissions from Construction by 23 percent The transition to green construction could help reduce global carbon emissions in construction value chains by about 23 percent...
Hybrid solution to incentivise more sustainable renovations amongst SMEs DBS announced a first-of-its-kind hybrid financing solution to help small and medium enterprises (SMEs) access a wider pool of capital to...
The Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’...
Pioneering a Three-Year Project to Enhance Rural Livelihoods and Introduce Climate-Resilient Agriculture in the Drought-Prone Regions of Marathwada A landmark partnership has been forged between Standard Chartered Bank and Watershed...
H&M Group has issued a EUR 500 million green bond with a maturity of 8 years under its EMTN (Euro Medium Term Note) programme. The bond generated great interest amongst...
Canada Pension Plan Investment Board (CPP Investments) published its 2023 Report on Sustainable Investing. The report focuses on using our active ownership and engagement to deliver results across the investment life...
Deutsche Bank published its initial Transition Plan as well as net-zero pathways for three additional carbon-intensive industries in the bank’s corporate loan portfolio. The publication marks two further milestones in...
PayPal Holdings, Inc. announced that it has invested in Sweef Capital‘s Southeast Asia Women’s Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support their shared mission to advance women’s inclusion in the...
Howden announces the creation of Howden Climate Parametrics, a global practice that brings together (re)insurance, climate, and data expertise to focus parametric risk transfer solutions on meeting the escalating demand...
A joint report by multilateral development banks published today finds that MDB climate finance reached a record high in 2022. The announcement comes as delegates meet in Marrakesh, Morocco, for the World...
When combined with other funding sources, the WIFIA program has supported $40 billion for America’s water infrastructure U.S. Environmental Protection Agency (EPA) announced a Water Infrastructure Finance and Innovation Act...
The European Investment Bank (EIB) has pledged €1 billion over the next three years to Morocco’s post-earthquake reconstruction programme which will mobilise €12 billion by 2028. This financing is completely...
The European Investment Bank (EIB) has invested €150 million in the inaugural €600 million green bond issue by automotive supplier Valeo. A key feature of this operation is the establishment of a...
ING has published its annual Climate Report. This report explains how their financing impacts climate change, as well as how climate change impacts their business. It includes their progress on...
BlackRock has launched a new climate transition-oriented private debt fund (CPD), as part of the firm’s global private debt platform, which aims to provide investors with “a single-entry point to...