Westpac Appoints Michael Chen Deputy Chief Sustainability Officer
Appointment strengthens Westpac’s leadership in climate, ESG and sustainable finance Chen brings 20+ years of experience across banking, insurance, advisory and sustainability Move comes as Australian banks face mounting pressure to meet net-zero and disclosure targets Westpac has appointed Michael Chen as its Deputy Chief Sustainability Officer, placing him at the center of the bank’s […]
China Launches Green Foreign Debt Financing to Boost Global Capital Flows
Program launched across 16 regions to channel overseas funds into low-carbon projects Enterprises allowed expanded cross-border financing limits for green initiatives SAFE pledges balance of openness and security to support real economy growth China has rolled out a pilot program aimed at channeling global capital into its green economy through foreign debt financing. The initiative, […]
Crédit Agricole CIB Backs Zenobē with $355 M Financing to Roll out 1,000 Electric Vehicles across Europe
Zenobē secures €325 million senior debt financing to expand its electric fleet in Europe. Financing will fund up to 1,000 new battery-electric buses and trucks, plus charging infrastructure. Crédit Agricole CIB strengthens its position in energy transition and e-mobility financing. Crédit Agricole CIB has joined a €325 million (US $355 million) senior debt financing package […]
Macquarie Raises $405M for Vertelo to Accelerate India’s EV Transition
$405 million raised, including $200 million in concessional capital from the Green Climate Fund Vertelo to expand fleet electrification services across India, building a robust EV ecosystem Partnership highlights blended finance as a model to scale climate solutions in emerging markets Macquarie Asset Management (MAM) has secured $405 million for Vertelo, its India-based fleet electrification […]
STX Group Delivers First Sustainable Aviation Fuel Certificates to Boost Market Access
First successful delivery of Sustainable Aviation Fuel certificates (SAFc) expands corporate access to decarbonization tools SAFc enables companies to address Scope 3 aviation emissions through a transparent, book-and-claim system STX Group leverages global trading expertise to increase liquidity and lower entry barriers for corporate buyers STX Group has completed its first successful delivery of Sustainable […]
