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Canada can’t finance the energy transition without getting tough on banks

Corporate Knights

At Investors for Paris Compliance, we just reviewed our major banks' net zero progress to assess whether they may have it covered. They say they are committed to net zero, and between them, they have pledged about $2 trillion of what they call “sustainable finance” by 2030.

Banking 246
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FCA Flags Greenwashing Concerns in Sustainability-Linked Loan Market

ESG Today

Corporate interest in sustainability-linked loans has grown rapidly over the past several years, as the financing provides flexibility to use proceeds for general corporate purposes, while with instruments such as green bonds, raised funds can only be allocated to specific categories of green projects.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Transition activities are comprehensively defined through two new approaches: A traffic light system that defines green, transition and ineligible activities across the eight focus sectors. Transition” refers to activities that do not meet the green thresholds now but are on a pathway to net zero or contributing to net zero outcomes.

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Stopped in its Tracks

Chris Hall

Mandatory EU Green Bond Standard risks slowing issuance, but voluntary approach can still drive Taxonomy-aligned volumes. On the face of it, the market for green bonds is heading in the right direction, and fast.

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All Things Considered: A Framework for Assessing ESG-Labeled Bonds

3BL Media

In this paper, we describe our process for assessing ESG-labeled bonds and show that, by systematically applying this framework, investors can help set a gold standard for the market, avoid surprises from controversy and greenwashing, and potentially generate more alpha over time. Bigger, Broader, Better: The Rise of ESG-Labeled Bonds.

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JETPs Stuck at Departure Gate

Chris Hall

The Glasgow Financial Alliance for Net Zero (GFANZ) will be delivering half of the financial commitments made to Indonesia and Vietnam. South Africa’s electricity system currently depends on coal for more than 80% of its power; the partnership is estimated to prevent between one to 1.5

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Asia’s Sovereigns to Embrace Sustainable Bonds

Chris Hall

Much of the required fund-raising will be realised through sustainable bonds, said Moody’s, due to a post-pandemic focus on investment to achieve UN Sustainable Development Goals (SDGs) and major governments’ pursuit of net zero CO2 emissions targets. The Asian Development Bank (ADB), which estimates a US$3.1