Lloyds Banking Group pledges to halve carbon emissions it finances by 2030

The financier has estimated this will have an effect equivalent to removing the emissions produced by almost a quarter of UK homes

Sustainable debt issuance hit all-time high in 2019

That’s according to Bloomberg New Energy Finance, which says it reached record levels of $465 billion, up 78% from $261.4 billion the previous year

FinCo Fuel buys biofuel producer GoodFuels

GoodFuels said its acquisition will allow it to gain access to additional sourcing, supply management and logistical expertise

General Fusion closes $65m of new finance

The company will use the money to formally launch the programme to design, construct, and subsequently operate its Fusion Demonstration Plant

Goldman Sachs pledges to step away from oil and gas drilling in the Arctic

The banking giant has also promised to avoid financing projects in Alaska’s Arctic National Wildlife Refuge and said it will not invest in new thermal coal mines anywhere in the world

Wind turbine
EBRD lends €58m to finance Kosovo’s biggest wind farm

The facility will represent around 10% of Kosovo’s total installed capacity when complete and reduce annual carbon dioxide emissions by roughly 247,000 tonnes

EU bank backs nine solar power plants in Spain with €66m funding

They will have a total capacity of 436MW and are expected to create up to 700 new jobs during the implementation phase

Nova Innovation shoots past funding target

The tidal energy developer raised £700,000, significantly more than its goal of £500,000

Prada proves green is in this season with €50m Sustainability Linked Loan

The fashion brand claims the loan, signed with Crédit Agricole Group, is the first of its kind in the luxury goods industry

World Bank splashes out with new bond for sustainable rivers and seas

Credit Suisse Securities has acted as the sole manager of the transaction