In the arena of sustainable finance, the first half of 2023 marked a significant milestone. The global green bond issuance reached a record high of $351bn. This achievement is indeed a testament to the growing attention and importance given to sustainable and responsible investment products. During this period, the market saw the issuance of a […]

UK Conservative MPs are calling on the government to rethink the pace at which the country is transitioning to net zero emissions. This comes in the wake of concerns raised by voters about the expansion of low-emission zones in London. Right-wing members of the party are urging ministers to reconsider the speed of this transition, […]

PMI Electro Mobility, a leading name in the electric vehicle industry, has announced the signing of a significant agreement with REC Limited. The eventful signing took place at the “Green Finance” Summit, marking a milestone in PMI Electro Mobility’s journey towards sustainable electric mobility solutions. Under the agreement, PMI Electro Mobility will be able to […]

Climate change is a global concern that has sparked an international debate over who should shoulder the financial burden of mitigating its effects. The discussions often involve the U.S. and China, the two largest economies globally. These nations have recently been engaged in talks concerning climate finance, addressing the financial aspects of combating a warming […]

Masdar, the UAE’s premier clean energy entity, has successfully launched its debut green bond issuance, raising net proceeds of US$750 million. This substantial financial injection is earmarked exclusively for investment in clean energy projects, reflecting Masdar’s commitment to fostering sustainable, renewable energy solutions. This bond issuance has been met with a resounding vote of confidence […]

The Future Sustainability Forum is set to take place in Dubai from 4-5 October 2023, marking a significant event in the Year of Sustainability in the UAE. The Forum is a key component of the Dubai International Financial Centre’s (DIFC) sustainability program targeted at the 28th annual Conference of the Parties (COP28). The Future Sustainability […]

Germany’s banking regulator, the Federal Financial Supervisory Authority (BaFin), has recently unveiled a groundbreaking sustainable finance strategy. The plan’s primary purpose is to combat greenwashing, a significant impediment to the transition towards a net-zero world. Additionally, the strategy aims to bolster the financial sector’s shift towards a climate-neutral world. BaFin has identified greenwashing as a […]

In recent times, the global landscape has been rapidly changing, and one crucial aspect that demands our immediate attention is the financial sector’s approach towards sustainability and environmental responsibility. It is no secret that climate change poses an existential threat to our planet, and as such, the need for green finance initiatives has never been […]

Governments worldwide are facing mounting pressure to prioritize raising their climate targets within the next two months in order to effectively combat the urgent issue of climate change. Sultan al-Jaber, the United Arab Emirates’ COP28 president designate, has urged all governments to update their Nationally Determined Contributions (NDCs) by September of this year, emphasizing the […]

HSBC, one of the world’s largest banking and financial services organizations, is taking significant steps to further its investment in green finance and bond teams in China. This move comes as a response to the growing demand for sustainable financing solutions in the country. In a series of meetings held in Beijing, HSBC chairman Mark […]