‘Renaissance’ of SLB market seems unlikely without regulatory clarity and stricter standards warns Commerzbank note.
EBRD retains favourable impression of Greek utility, which will pay an extra 50bps after missing targets due to increased coal usage.
Politicians, AFME and ICMA welcome provisional agreement, but ICMA warns that usability issues with the taxonomy may harm widespread adoption.
Bank will only buy corporate green bonds and best climate performers on primary market, increases benchmark tilt.
LCP warns that lack of explicit climate expectations means risk is ‘unlikely to be adequately addressed’ by schemes.
Insight Investment warns of ‘two tier’ system in market as gulf in framework quality continues to grow, but certification levels improve.
IIGCC to launch group, which will also look at legal concerns on collective engagement and launch engagement pilots with CA100+
UK industry group warns that strong governance processes will be required to avoid conflicts of interest.
More than a tenth of funds bearing the EU's highest sustainability designation have been downgraded in November as managers prepare for 1 January.
Sustainability structuring adviser on both Chile and Uruguay bonds sees pipeline building for 2023.