E.ON teams up with banking group to offer green mortgages

The scheme would allow first-time buyers and re-mortgagers to borrow further via a linked energy efficiency home improvement loan to improve their properties

BNP Paribas pledges to stop financing shale oil and gas

  The BNP Paribas Group has pledged to no longer work with companies whose main activities relate to shale gas or tar sands. The French banking giant said that includes the transportation or export of shale oil and gas. It is part of the French banking giant’s efforts to tackle climate change and supports its […]

World Bank issues first UN sustainable development bonds

The World Bank has issued bonds which for the first time links to the UN’s Sustainable Development Goals (SDGs). They will be linked to the performance of 50 companies advancing global development priorities set out in the SDGs, including tackling climate change. BNP Paribas led the issuance of the €107 million (£93.6m) 15-year bond and […]

French bank launches €500m green bond

French bank BNP Paribas has launched an inaugural €500 million (£500m) green bond. The transaction has attracted strong demand from investors, according to the bank. The bond will be used for renewables, energy efficiency, transport, water management and treatment and recycling projects. The bank claims it has played “an active role” in the development of the green […]

Clean energy fund closes at £360m

French bank BNP Paribas’ Clean Energy Fund has closed at €427m (£360m) – exceeding its target figure. And the bank has stated that around half of investors are taking their first steps into renewables. Joost Bergsma, chief executive of BNP Paribas Clean Energy Partners, was reported as saying: “Investors, particularly in the insurance sector, have […]