IFC Issues AUD$700 Million Green Bond to Promote Biodiversity in Emerging Markets
Strategic investment: IFC raises AUD 700M through a 10-year green Kangaroo bond to support biodiversity projects in emerging markets. Investor demand: Strong global interest led to nearly AUD 800M in orders, highlighting appetite for biodiversity finance. Framework expansion: Proceeds will fund biodiversity, climate adaptation, and conservation projects under IFC’s expanded Green Bond Framework. IFC champions […]
Schroders to Adopt FCA’s Sustainability Disclosure Requirement Labels Across 10 Funds
Industry leadership: Schroders is among the first to adopt FCA Sustainability Disclosure Requirements (SDR) labels for 10 funds, underscoring its sustainable investment commitment. Enhanced transparency: Labels aim to help investors identify sustainable investment opportunities with greater clarity and trust. Future focus: Schroders plans to expand its SDR-labeled fund portfolio, aligning with evolving regulatory standards. Schroders […]
Maersk to Use up to 20% Alternative Fuels For its Fleet in 2030
Green ambition: Maersk aims for alternative fuels to power up to 20% of its fleet by 2030, driving toward net zero by 2040. Scaling innovation: Dual-fuel methanol vessels and contracts for bio-methanol signal a significant shift in shipping technology. Cost challenge: Alternative fuels remain more than twice as expensive as traditional options, presenting financial and […]