Search Results

Showing 731 - 740 of 1442 results for "ban"

MUFG Bank structures $333 million green financing deal

RACHEL ALEMBAKIS  |  TUESDAY, 29 DEC 2020  |  NEWS
MUFG Bank has helped structure a US$333 million green financing deal for SoftBank's latest and largest solar project in India. This deal is the first green certification of a solar project loan for both the client and the country, MUFG said. The 900 ...

T. Rowe Price joins Responsible Investment Association Australasia

RACHEL ALEMBAKIS  |  MONDAY, 21 DEC 2020  |  NEWS
Global investment firm T. Rowe Price has joined the Responsible Investment Association Australasia (RIAA). "We are delighted to begin our partnership with RIAA to work on important responsible investment issues that are top of mind for our clients," ...

Deep Decarbonisation: Green Hydrogen, Net Zero, and the Future of the EU-ETS

MARK LEWIS  |  FRIDAY, 18 DEC 2020  |  NEWS
Beyond the fuel-switch paradigm: The EU-ETS and the goal of net-zero emissions Given the economic shock to the EU-ETS from COVID, the price of EU carbon allowances (EUAs) has held up remarkably well in recent months. From a low of €14.3/t in the early ...

Government to launch inquiry into financial sector and climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
A proposed federal inquiry will examine the legality of banks and insurers' decisions to withdraw from lending or insuring mining projects on climate risk grounds. The big banks and regulators including APRA and ASIC are expected to be called to the ...

Stakeholders mull impact of Rio Tinto report

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
In the wake of a damning report into Rio Tinto's destruction of 46,000 year old caves at the Juukan Gorge in Western Australia, stakeholders including traditional owners, investors and civil society are looking to how the recommendations in a governmental ...

Green loans to finance light rail, battery storage

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
Two new green loans totalling $400 million have been put in place to support light rail and a battery energy storage system. Canberra's light rail network has refinanced a $280 million debt facility, with Canberra Metro assisted by financial advisors ...

Industry considers Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 10 DEC 2020  |  NEWS
The development of an industry-led taxonomy to provide common definitions of sustainable finance across investment, banking and insurance is one of the next steps in implementing the Australian Sustainable Finance Initiative roadmap (ASFI), but while ...

Vellum Funds Management builds property with NDIS units

RACHEL ALEMBAKIS  |  THURSDAY, 10 DEC 2020  |  NEWS
Vellum Funds Management has broken ground on a $78 million property development in Sydney that will feature a mix of commercial space and residential apartments including 10 NDIS units and a carers unit. Vellum has partnered with Urban Property Group ...

Downer inks $1.4 billion sustainability-linked debt facility

RACHEL ALEMBAKIS  |  FRIDAY, 4 DEC 2020  |  NEWS
Downer EDI Limited has established a $1.4 billion syndicated sustainability linked loan facility, linked to environmental and social metrics. The new facility will refinance Downer's debt platform and comprises three, four, five and six year tranches. ...

Sharp increase in food waste: Rabobank Australia

RACHEL ALEMBAKIS  |  THURSDAY, 3 DEC 2020  |  NEWS
The impact of COVID-19 has also hit Australia's progress in reducing food waste, leading to a jump in the amount of food Australian households are throwing out, according to Rabobank Australia. Rabobank Australia released its 2020 Food Waste Report ...