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Showing 1 - 10 of 134 results for "climate bond"

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
In a world first, Japan's JPY1.6 trillion (US$11 billion) Climate Transition Bond will launch with proceeds going to fund Japan's carbon neutrality investment roadmap. The bond is certified under the Climate Bonds Standard, which assures environmental ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... management, circular economy, and pollution prevention and control. Sovereign green bonds will also be assessed against the Climate Bond Initiative where appropriate, framework noted. Treasurer Jim Chalmers announced the government's intention to ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
The global property industry has embraced sustainable finance instruments in a trend that offers an investment opportunity of at least half a trillion Australian dollars, ahead of mandatory emissions data disclosures due in 2024. Buildings contribute ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Igneo Infrastructure Partners has refinanced a $750 million revolving cash facility that includes a green tranche credit facility (GTCF). Igneo's Global Diversified Infrastructure Fund (GDIF) has refinanced the facility for a further two year period. ...

New NZ gov scraps 2030 emissions goal

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
Following an election win on Saturday, centre-right PM-elect Chris Luxon announced that his incoming government will abandon NZ plans for a zero emissions grid by 2030. Further, no new funding will go to renewables - but planning processes will be streamlined ...

Arup becomes approved verifier for Climate Bonds Initiative

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
Arup has become the first engineering consultancy in the Asia Pacific to be awarded the Approved Verifier status for green bonds by the Climate Bonds Standard Board. The Climate Bonds Initiative scheme is a global framework used by borrowers, issuers ...

NZ solar attracts $170 million international capital raise

ROSE MARY PETRASS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
New Zealand's green investment bank has led a $170 million capital raise for its Solar Finance programme, attracting First Sentier Investors and Natixis Investment Managers. Green Investment Finance (NZGIF)'s issuance has been certified by the Climate ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
The former deputy governor of the Reserve Bank of Australia is one of two leaders of the body that will develop an Australian sustainable finance taxonomy. The Australian Sustainable Finance Institute (ASFI) has named former RBA deputy governor Guy ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
QIC Infrastructure and Vector Ltd have closed a A$1.6bn green loan for the largest smart metering provider in Australia and New Zealand, Vector Metering. The loan comprises green term loans to fund QIC's 50% interest in Vector Metering in addition to ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... should refer to credible, science-based criteria for UoP such as those contained in the Climate Bonds Initiative Climate Bond Standard. A move in this direction will reassure investors that their capital is being deployed to projects that genuinely contribute ...
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