BBVA’s Turkish unit has just renewed its $415 million syndicated loan based on environmental, sustainability and governance (ESG) criteria. The financing is part of the bank’s foreign borrowing program and...
Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury...
The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar,...
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and strongest financial institutions, announced that it will lend, invest and facilitate over AED500 billion...
In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai,...
UN climate chief Simon Stiell said on Wednesday that COP28 delegates are not in Dubai to “score points” and play at “lowest-denominator politics”; they must take ambitious action on curbing...
Nestlé, the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across...
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired...
A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and a consumption powerhouse. Maersk’s...
Nedbank launches R2,1 billion Green Private Power Tier 2 Bond − fuelling private sector renewable energy growth in South Africa Nedbank, a pioneer in sustainable finance solutions, has announced the...
Parliament and Council negotiators agreed on an update to the so-called “ecodesign” regulation that aims to improve various aspects of products throughout their lifecycle to make them more durable and...
The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure...