Hong Kong is gearing up to cement its position as a leading sustainable finance hub, and the Green and Sustainable Finance Cross-Agency Steering Group is at the helm of this transformation. The group aims to bolster Hong Kong’s standing through the implementation of global-standard regulations, fostering technology innovation, and introducing a diverse array of market […]
North Yorkshire business, Chameleon Technology, recently celebrated the inauguration of its new offices by Lord Callanan, the Minister for Energy Efficiency and Green Finance at the Department for Energy Security and Net Zero. Chameleon Technology is a key player in the energy sector, providing In-Home Displays (IHDs) for the national smart meter rollout program. This […]
The Japan Credit Rating Agency (JCR) has emerged as an active player in the realm of Green/Social Finance in response to the increased interest in ESG (Environmental, Social, and Governance) investment among issuers and investors. The credit rating agency offers comprehensive evaluations to green, social, and sustainable financing, which includes not just bonds or loans […]
The African Climate Policy Centre (ACPC), located within the United Nations Economic Commission for Africa (UNECA), is an institution with a primary objective of enhancing the resilience of African countries to climate change. They strive to achieve this through the provision of technical help and advisory services which are designed to fortify countries against the […]
HDBank, a leading financial institution in Vietnam, has achieved a significant milestone by winning the 2023 Asian Banking & Finance Award in the “Sustainability Initiative of the Year – Việt Nam” category. The prestigious award, presented annually by a renowned finance magazine, is a recognition of performance, innovation, and excellence in the banking and finance […]
Mufin Green Finance, a BSE-listed NBFC company established in 2016, has raised an impressive INR 80,000,000 from the Shell Foundation. This funding is set to establish a $2 million First Loan Default Guarantee (FLDG) pool with a noble cause attached to it. Mufin plans to use this fund to finance a whopping 42,000 Electric Vehicles […]
China’s Ant Group, a leading fintech company, has recently announced a strategic partnership with Standard Chartered Bank, one of the largest and most respected international banks. This collaboration aims to enhance their roles in green finance and global fund management, marking a significant step forward in both companies’ commitment to sustainable business practices. This alliance […]
The Water Services Corporation (WSC) in Malta has made history by issuing the country’s first-ever Green Bonds. The bonds are valued at $27.5 million and come with a maturity term of 10 years, carrying a 4.25% interest rate. This bond issuance is in accordance with the United Nations’ Sustainable Development Goals (SDGs) and the European […]
U.S. climate envoy John Kerry recently made a landmark visit to China, marking another chapter in the ongoing climate dialogue between two of the world’s largest greenhouse gas emitters. This visit underscored the shared commitment of both nations to address the urgent issue of climate change, which continues to pose significant threats globally. In related […]
The banking sector is currently embracing a new era of green financing as part of a wider initiative to mitigate the effects of climate change. Financial institutions are now giving more weight to services that help reduce the impact of global warming, a move that reflects the increasing importance of sustainability in contemporary business practices. […]