Green Bonds

Environmentalists Are Unknowingly Investing Millions In Fossil Fuels Through ‘Green Bonds’

2:11 PM 08/21/2018<p>Environmentalists are increasingly investing in “green bonds” to avoid supporting fossil fuel development and aid its cleaner …

Fossil Fuels

Bank of America

In 2007, even as the financial crisis began taking huge bites out of its balance sheet, Bank of America committed to lending, investing, and …

Bank of America

How a Big Bank Fueled the Green Energy Boom

<b>OKLAHOMA IS AN EPICENTER</b> of fossil-fuel production, a state where oil-well pump jacks punctuate the pastures. But if you drive out to Grady County, …

Bank of America

Environmentally Unfriendly Deals Highlight Gray Areas for ‘Green Bonds’

No standard definition exists, meaning ‘even a dirty-brown corporate can carve out a deal that looks green’<p>The booming world of “green bonds” faces a credibility problem: Definitions can be so fuzzy that environmentally conscious investors might end up funding fossil-fuel power stations.<p>Green bonds …

Wall Street

Canada’s CPPIB plans to double China asset allocation | Financial Times

The Canada Pension Plan Investment Board plans to more than double the proportion of assets it allocates to China in the next seven years as one of …

Canada

Ontario debt sale breaks record after post-election absence

Canada’s most indebted province sold $3.65 billion (US$2.8 billion) of bonds in a return to debt markets after a longer-than-usual break following a …

Investing (Canada)

New U.S. Overnight Rate Moves Out of Libor’s Shadow

Jefferies LLC economists have called the transition away from the scandal-plagued London Interbank Offered Rate “the most important development in the financial markets in the years immediately ahead.” And there are developments aplenty.<p>Without much fanfare, the World Bank this week issued $1 …

Opinion

Moody’s assigns GB1 grade to Axis Bank’s green bond issue

Moody's Investors Service (Moody's) has assigned Green Bond Assessment of GB1 (Excellent) to Axis Bank Ltd's debut $500-million green bond issued in

Axis Bank

Assessing The ESG Investment Landscape - And The Elephants In The Room

<i>By</i> <i>Thomson Reuters</i><p>ESG investment is increasingly becoming a mainstream practice – after all, such an approach is fundamentally concerned with the …

Business

A climate for green funds

Removing regulatory constraints can encourage investments in low-carbon projects<p>The monsoon season is here. If the past few years are anything to go …

Investing

Global green bond issuance could reach $185-210 billion this year -SEB

LONDON, Aug 6 -<p>* Global green bond issuance could rise to $185 billion this year and even reach $210 billion as activity in new sectors and large economies picks up, Nordic corporate bank SEB said on Monday<p>* The bank has increased its forecast from $175 billion in May<p>* Green bonds are fixed-income …

S&P Global

A Catalyst for Green Financing in Indonesia

It is an unfortunate but fact of life that Indonesia often deals with the impacts of natural disasters. It was sadly evident again this week when I …

Emerging Markets

VanEck Vectors declare monthly distribution

VanEck Vectors Emerging Markets Aggregate Bond ETF (NYSEARCA:EMAG) - $0.1042. 30-Day Sec yield 4.67%.<p>VanEck Vectors CEF Municipal Income ETF …

Investing

IFC Invests $150m in Bank OCBC NISP's Green Bond

<b>Jakarta.</b> The International Finance Corporation has invested in $150 million in "green bonds" issued by Indonesian lender Bank OCBC NISP, the private …

Sustainability

How the World’s Governments Are Approaching Earth-Friendly Investing

Green bonds are a fast-growing financial instrument, with annual issuances of less than a billion dollars a decade ago having grown to more than $170 billion last year. They’re increasingly popular as a way to fund environmentally friendly infrastructure, energy efficiency and clean energy. As the …

Opinion

Green bond market needs to get tough to blossom

Green bonds are securities issued to fund projects that are good for the environment. Photo: iStock<p>The green bond market is turning 10 years old in a …

Business (India)

Fintech OnDeck Canada lines up $50-million credit facility from Crédit Agricole

It may not be a first for the domestic fintech industry, but it is a first for a U.S. fintech company that’s been operating in Canada for the past …

Loans

CORRECTED-Nigeria to devise green bond issuance programme by end...

(Corrects minister’s name to Jibril not Jibrin)<p>LAGOS, July 20 (Reuters) - Nigeria’s debt office will devise a green bond programme before end of 2018, junior minister for environment said on Friday.<p>Ibrahim Jibril said the capital market could see issues of around 208 billion naira ($682.30 million) …

Carbon Emissions

CORRECTED-UPDATE 1-Nigeria to devise green bond issuance programme...

(Corrects minister’s name to Jibril not Jibrin)<p>By Didi Akinyelure<p>LAGOS, July 20 (Reuters) - Nigeria’s debt office will devise a green bond programme before the end of 2018 to raise funds for environmental projects, a junior minister for the environment said on Friday.<p>Ibrahim Jibril said the capital …

Naira

Nigeria to devise green bond issuance program by end 2018

LAGOS (Reuters) - Nigeria's debt office will devise a green bond program before the end of 2018 to raise funds for environmental projects, a junior minister for the environment said on Friday.<p>Ibrahim Jibril said the capital market could see issues of around 208 billion naira ($682 million) this …

Environment

Nigeria to devise green bond issuance programme by end 2018

LAGOS (Reuters) - Nigeria’s debt office will devise a green bond programme before the end of 2018 to raise funds for environmental projects, a junior minister for the environment said on Friday.<p>Nigerian naira notes are seen in this picture illustration March 15, 2016. REUTERS/Afolabi Sotunde/File …

Naira

UBS Asset Management's Harford says she's changed her mind on ESG investing

UBS Asset Management's head of investments Suni Harford said she's changed her mind on environmental, social and governance (ESG) governance when it …

Investing

Environmentalists Are Raising Concerns Over China's Belt and Road Initiative

Environmental experts warn that many of these projects could cause irreversible damage in highly biodiverse areas.Chinese President Xi Jinping and …

China

Green-Bond Sales Surge Toward Record as Borrowers Burnish Brands

If the bond market is any guide, Corporate America is hugging a lot more trees than last year.<p>Sales of green bonds by U.S. companies in 2018 have …

The City

Green bond yields rising sharply in secondary market: All you need to know

Green bonds have a huge demand, but at a time of global uncertainties, investors are asking for an 'uncertainty premium' for lower rated and niche …

State Bank of India

Nigeria plans to list N10.69bn green bond on NSE

Copyright Africa Business News Pty. Ltd. © 2018. All Rights Reserved<p>This website uses cookies to improve your experience. We'll assume you're ok with …

Africa

Bonds push green investment market to $6bn

Investors' hunger for green bonds has pushed the Australian market for investments that achieve social or environmental goals, as well as financial …

Sustainability

Alexandria Real Estate Equities, Inc. Releases Inaugural Corporate Responsibility Report, Unveils 2025 Sustainability Goals and Issues First Green Bond

PASADENA, Calif., July 18, 2018 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced the release of its <i>Inaugural Corporate Responsibility</i> …

Real Estate

Municipalities could benefit from issuing more green bonds

By Finn Schuele, David WesselA green bond is one whose issuer commits to using 100 percent of bond proceeds for environmentally friendly purposes. …

Sustainability

SBI's Bond Plan Eyed by India Firms Mulling Offshore Return

A planned bond sale by State Bank of India may help the nation’s borrowers decide whether the timing is right to return to the offshore market, which …

Business (India)