IFC Launches ClimaLab to Enable European Banks Mitigate Climate Risks
IFC launches ClimaLab to help European banks manage climate risks, promoting sustainable investments in line with the Paris Agreement.
Inox Wind’s Resco Global Raises $41M for Wind Energy Expansion
Inox Wind’s subsidiary raises $41.75 million to expand its wind energy EPC services in India and capitalize on the growing renewable energy market.
EU Regulators Push for Clearer Sustainable Finance Rules
The ESAs have issued recommendations to improve the sustainable finance disclosures regulation, aiming to enhance transparency and combat greenwashing in financial services.
UltraTech Raises $500M to Advance Sustainability and ESG Goals
This transaction marks its second sustainability-linked financing, following its inaugural bond issuance of $400 million in 2021.
Energix, Google Ink Long-Term Renewable Energy Agreement
Carbon credits are critical for technology giants like Google, as they use them to power their rapidly expanding data centers and drive artificial intelligence.
SEBI to Widen Scope of Sustainable Finance Through ESG Debts
This category will include social bonds, sustainable bonds, and sustainability-linked bonds, in addition to the current green debt securities.
UAE’s Etihad Rail Launches Sustainable Finance Framework for Green Investments
This framework aims to facilitate the issuance of green bonds, which will be instrumental in securing funds for lower-carbon infrastructure projects such as clean transportation, green buildings and pollution control.
World Bank Issues $225M Bond to Fund Amazon Reforestation
The 2033 bond provides investors with a coupon that includes a fixed guaranteed component and a variable component linked to the generation of carbon removal units from reforestation projects in the Amazon rainforest regions of Brazil.
Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.
Gruner Renewable Energy Bags $60 Million for CBG Expansion
The company plans to leverage this funding to set up new compressed biogas (CBG) plants across India and also to boost research and development efforts.