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Île-de-France Mobilités Raises €1 Billion in First-Ever Public Sector “EuGB” Green Bond Offering

ESG Today

Paris-area public transport authority le-de-France Mobilits announced that it has raised 1 billion in a new green bond offering, the first by a public entity to be issued under the European Green Bond (EuGB) Regulation.

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Canada can’t finance the energy transition without getting tough on banks

Corporate Knights

At Investors for Paris Compliance, we just reviewed our major banks' net zero progress to assess whether they may have it covered. Unfortunately, this isn’t what the banks mean. To date , our regulators have been tolerant of this greenwashing, but that stands to change.

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ESG Today: Week in Review

ESG Today

million pounds of plastic from flights; KKR, ECP to invest $50 billion in datacenter capacity and power generation; law firms ramp up ESG training for lawyers; capital raises for sustainable heating, industrial decarbonization, energy sector emissions solutions, and more. Copper Mine Operations to Renewable Diesel Southwest Airlines Eliminates 1.5

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FCA Flags Greenwashing Concerns in Sustainability-Linked Loan Market

ESG Today

Corporate interest in sustainability-linked loans has grown rapidly over the past several years, as the financing provides flexibility to use proceeds for general corporate purposes, while with instruments such as green bonds, raised funds can only be allocated to specific categories of green projects.

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Green Bonds Down the Drain

Chris Hall

Out of its class A secured debt of £15 billion, about £3 billion is labelled green, potentially making the company a green bond default case. Green bonds are structurally no different to conventional bonds under the same class (with the same ranking, covenants and security package among all creditors in the case of distress).

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Sofidel: The Forum for Sustainable Finance

3BL Media

An interesting ongoing trend is the growth of green bonds. In 2022, green bond issues accounted for more than half of all sustainable bonds issued in the same year (58%, $487.1 After demonstrating resilience in a turbulent economic environment, green bond issuances in the first half of 2023 increased by 22.2%

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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

The pullback threatens to erode years of progress, which has made Europe the leading market for sustainable funds , green bonds and other responsible investments, and jeopardizes the capital needed for the EUs ambitious climate goals. But Maria van der Heide, head of EU policy at ShareAction, a U.K.-based

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