Financing A More Sustainable Future in the EU

Sustainable finance is the provision of finance to investments taking into account environmental, social and governance considerations. The recent growth in sustainable finance is seen by many experts as a response by governments seeking to comply with and reach the

Clean Energy Investment Exceeded $300 Billion Once Again in 2018

2018 was the fifth year in a row in which investments in renewable energy exceeded the $300 billion mark, according to authoritative figures from research company BloombergNEF (BNEF). Clean Energy Investment by Type Wind investment rose 3% to $128.6 billion,

Citigroup Launches US$1.3bn Green Bonds

Banking giant Citigroup has issued its first green bond, continuing its sustainability goals. The firm has put out €1 billion ($1,13 billion) for three-year fixed rate notes, which will fund renewable energy, water quality and conservations, green building projects, and

World Bank Commits US$50 bn for Climate Adaptation, Resilience

The World Bank Group has launched an action plan on climate change adaptation and resilience, under which it will increase direct adaptation climate finance to USD 50 billion over 2021-2025. Outlined in a publication titled, ‘Action Plan on Climate Change

South Korea ups its sustainability drive

With strong government support of late, South Korea is emerging as a major player in sustainable finance, and only time will tell if the country becomes a leader in Asia Over recent years South Korea has slowly emerged as an

Dutch pension fund commits €500m to green mortgages

The €409bn Dutch pension fund ABP has committed €500m to “green mortgages”, which come with a discount for energy-efficient residential property. The discount would not only apply to purchased assets with the highest energy efficiency, but also to the mortgaged

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