Green Bonds

IEEFA Research

IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

A detailed sustainability roadmap going forward will assist PLN’s credibility with ESG investors

22 December 2020 (IEEFA Indonesia): PLN must be prepared for a much higher level of scrutiny around its continuing coal investments and lack of progress in renewable energy investment projects when the company launches its debut green and/or sustainable bonds, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). […]

and December 22, 2020 Read More →

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IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility
and

IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

A detailed sustainability roadmap going forward will assist PLN’s credibility with ESG investors

22 December 2020 (IEEFA Indonesia): PLN must be prepared for a much higher level of scrutiny around its continuing coal investments and lack of progress in renewable energy investment projects when the company launches its debut green and/or sustainable bonds, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). […]

and December 22, 2020 Read More →

Leading green bond firm threatens State Bank of India over support for Australian coal mine

Reuters: Amundi said it has warned the State Bank of India it will evict one of the lender’s green bonds from a flagship fund if it helps finance a coal mine in Australia that has met fierce opposition from environmental groups. Amundi, which holds the bond in its Amundi Planet Emerging Green One fund, said […]

November 30, 2020 Read More →

Credit Suisse plans $328 billion of sustainable financing, tightens fossil fuel lending rules

Reuters: Credit Suisse plans to provide at least 300 billion Swiss francs ($328.41 billion) in sustainable financing over the next decade in areas such as renewable energy and Green Bonds. The move is the latest in a string of announcements by banks looking to display their green credentials and capture demand for cash from companies […]

July 30, 2020 Read More →

China removes coal-related projects from green bond program

Reuters: China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday. The new catalogue of eligible projects replaces the previous one published in 2015, and will be open to public consultation until June 12, the People’s Bank of […]

June 1, 2020 Read More →

Report finds China is using green bonds to fund coal projects

Reuters: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]

August 19, 2019 Read More →

Sources say Chinese regulators to limit use of green bonds for ‘clean coal’ projects

Reuters: Chinese regulators are close to releasing new “green bond” standards that would exclude polluting fossil fuel projects from corporate financing channels designed to lift environmental standards, people familiar with the matter told Reuters. Beijing has in recent years promoted new green financing methods to help industry pay for its transition to cleaner modes of […]

March 21, 2019 Read More →

China disqualifies ‘clean coal’ technology from green bond funding

Environmental Finance: China will axe ‘clean coal’ from its green bond guidelines, in a move that will see its definition of green align more closely with the Climate Bond Standards and the consensus of opinions in the West. Geoffrey Choi, financial services assurance leader for the Asia Pacific region at EY, said at the Asian […]

December 14, 2018 Read More →

DZ Bank’s first green bond gets high marks from S&P

S&P Global Market Intelligence ($): S&P Global Ratings Inc. has assigned a relatively high green evaluation score to a German bank’s plan to issue a €250 million green bond with proceeds to go toward existing onshore wind projects in Germany. The overall score of 85 out of 100 given by S&P Global Ratings on Sept. […]

September 19, 2018 Read More →

States turn to bond market to fund decommissioning of coal plants

Bloomberg Businessweek: As President Donald Trump prepares to pay failing coal plants to stay open, several states are hatching plans to gently put them to sleep. One solution gaining steam among lawmakers, environmentalists, and policy experts can be found in an unlikely place: the bond market. For utilities, getting out of the coal business can […]

June 12, 2018 Read More →

Canadian pension fund joins growing list of green bond issuers

Bloomberg News: Canada Pension Plan Investment Board plans to issue green bonds in Canadian dollars for the first time, joining a growing list of borrowers selling the debt to finance environmentally friendly investments. “The issuance of green bonds is a logical next step to CPPIB’s investment-focused approach to climate change, and we are pleased to […]

June 12, 2018 Read More →