green bonds

Renewable energy topped the use of proceeds, followed by low carbon buildings and greener transport

Climate Bonds expects the impact of the EU’s Technical Expert Group on Sustainable Finance will help open the 2020s path toward the first trillion in annual green finance investment

It takes the total amount issued by the French utility to €8.75bn

The wind energy developer says the finance round will help fund projects including the Hornsea Two project

Potential projects and the available financing options and support mechanisms will be explored

It will be invested in renewable energy projects aross the UK

This is roughly the equivalent of approximately 350,000 cars

The new Global Green Finance Index found financial centres in Western Europe outperformed those in other regions

A guide that will lay out the basic principles that must be met in order to issue green bonds to finance projects to tackle climate change will be launched

An Italian insurance giant has announced plans to divest €2 billion (£1.6bn) from coal. Generali aims to increase its exposure to green businesses instead, with plans to invest €3.5 billion (£2.9bn) mainly through green bonds and infrastructures. Group CEO Philippe Donnet said: “Protecting the environment and adopting effective actions to tackle climate change are central […]