green bonds

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 […]

Global green bonds issuance is set to grow by around 60% to $250 billion (£181bn) this year. That would far exceed the record $155 billion (£112bn) of green bonds issued last year, according to the latest assessment from Moody’s Investors Services. The sectors that have traditionally played a large role in this market such as […]

Green municipal bond issuance in the US reached a record $11 billion (£7.7bn) last year. That’s an increase from $7.11 billion (£5bn) in 2016, according to latest figures from the Climate Bonds Initiative. It states New York took the lead from California, with the NY Metropolitan Transportation Authority (MTA) issuing $2.17 billion (£1.5bn) – the […]

Green bond issuance has passed the significant $100 billion (£75.8bn) benchmark this year, setting a global record. China leads the issuance, followed by France, the US, Germany, Netherlands, Sweden, Mexico, Spain, India and Canada. This year, France became the second country to issue a sovereign green bond while Fiji was the first emerging economy to […]

The G20 and other nations have made “huge strides” over the last year on green finance. According to UN Environment, the countries have mobilised trillions of dollars of public and private capital needed to make sustainable development and climate action a reality. The UN Conference on Trade and Development research from 2015 showed investment required […]

A renewable energy supplier has announced its second corporate green bond has closed. Good Energy said the offering received valid applications for £16.7 million over the duration it was open. The funds raised will support the company to explore opportunities in new business areas, including green business consultancy, solutions to promote the wider use of electric […]

A German stock exchange has joined a green finance initiative. Deutsche Börse announced it has become part of the Climate Bonds Initiative Partners Programme, where it will develop climate finance solutions, participate in market development committees and help define policy agendas for national, regional and sector based schemes. The group aims to accelerate the use of green bonds and other green […]