article thumbnail

Ontario Power Generation includes nuclear energy in green bonds

Corporate Knights

Provincially owned Ontario Power Generation has adopted a green bond framework that includes nuclear power – a first for the electricity utility. . The move followed a controversial decision in the European Union to classify natural gas and nuclear investments as green. . But does that make them objectively green?

article thumbnail

ESG Today: Week in Review

ESG Today

Sustainable Finance Ericsson Issues Inaugural €500 Million Green Bond to Fund Network Energy Efficiency Initiatives Private Equity & Venture Capital Sustainable Building Tech Startup Vizcab Raises $5.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ESG Today: Week in Review

ESG Today

Truck Builder Scania Sets 2030 Goal to Decarbonize Supply Chain. Volvo, Rio Tinto Announce Low Carbon Materials and Decarbonization-Focused Partnership. United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve. McKinsey, Microsoft Partner on End-to-End Decarbonization Solution.

article thumbnail

AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway by 2050, in support of the Paris Agreement. Increasing Climate-Finance Exposures: With climate opportunities and green revenues already pursued by many of AB’s strategies, AB will maintain its focus on equity and fixedincome climate-finance investments as appropriate opportunities present themselves.

Net Zero 264
article thumbnail

South American Finance Ministers Discuss Incentives and Mechanisms to Finance the Decarbonization of their Economies

Sustainable Development Network

South America has abundant clean energy resources available and a huge opportunity to decarbonize power grids, transport, and industry across the continent, as well as to bolster natural carbon sinks and biodiversity. Macroeconomics of decarbonization, Day 2. Solutions for decarbonization, and Day 3. Green recovery.

article thumbnail

UN: Pandemic causes dip in building emissions, but long-term outlook bleak

Envirotec Magazine

Efforts to decarbonize the sector played only a small role. With large growth projected in the buildings sector, emissions are set to rise if there is no effort to decarbonize buildings and improve their energy efficiency. In Asia and Africa, building stock is expected to double by 2050. “The Some small progress, but not enough.

article thumbnail

Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

A deal to establish a new carbon market and trading scheme for offsets, comprising a bilateral system in which countries can trade credits to meet decarbonization targets, and a centralized system for offsets, with 5% of the proceeds going toward a climate adaptation fund for developing countries. . But labels aren’t enough.

COP26 130