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India to Launch Inaugural $2 Billion Green Bond Offering this Month

ESG Today

The Government of India will issue its first-ever green bond this month, according to an announcement by the Reserve Bank of India, with plans to raise approximately US$2 billion to support green infrastructure projects aimed at reducing the carbon intensity of the economy. Last week, the government of Hong Kong raised US$5.8

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New Horizons for Green Bonds

Chris Hall

David Zahn , Head of Sustainable Fixed Income at Franklin Templeton , says new standards and innovations are expanding the supply of green bonds to meet increased investor demand. Investor demand for green, social, sustainability-linked and transition bonds (GSS+) continues to rise rapidly, outstripping supply.

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Sustainable Bond Issuance on Track to Grow to $950 Billion in 2023, Despite Q3 Pullback: Moody’s

ESG Today

The quarter also saw a continued divergence in regional GSSS trends, with sustainable bond volumes representing 19% of total bond issuance in Europe year-to-date, compared to only 4.5% Despite the pullback, Moody’s maintained its full year forecast for green bond issuance of $550 billion, up more than 10% over 2022.

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Bonds Could Unlock Climate Adaptation in Emerging Markets

Chris Hall

Finance inflows are urgently required to implement adaption techniques and strategies needed for EMs to withstand the effects of climate change, according to Berit Lindholdt-Lauridsen, Senior Operations Officer at the International Finance Corporation (IFC). . trillion, the Climate Bonds report said. billion. .

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ECB Launches New Financed Emissions and Sustainable Finance Indicators to Track Climate Risk

ESG Today

ECB Executive Board member Isabel Schnabel, said: “We need a better understanding of how climate change will affect the financial sector, and vice versa.

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Sustainable Bond Proceeds Disproportionately Allocated to Climate Mitigation over Adaptation: Fitch

ESG Today

For the report, Sustainable Fitch examined the green, social, sustainability and sustainability-linked labeled bonds rated by its ESG Ratings service, with a focus on the instruments’ Use of Proceeds’ contribution to green and social impact, and the level of transparency and ambition in project or target selection.

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Top 10 Business Sustainability Issues of 2023

B the Change

This free downloadable resource helps businesses engage in reflection, learning, and action around climate justice. The toolkit includes a Climate Justice Reflection Challenge, glossary, and calls to action. Climate Change 4. How to empower marginalized voices in climate decisions. Sustainable Finance 10.