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This turnabout has been most pronounced in the greenbond market, where power utilities have, controversially, been adding nuclear energy as an option for greenbonds. With this in mind, nuclear greenbonds promise to help fund decades of net-zero energy for the public and years of clean financial returns for investors.
Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals Private Equity & Venture Capital Carbon Accounting and Management Startup Greenly Raises $52 Million Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund KKR Acquires Majority Stake in U.S.
The EU Green Taxonomy is one of the cornerstones of the EU Action Plan on financing sustainable growth and is also the foundation of many other pieces of legislation currently being implemented. The EU Green Taxonomy is also instrumental for the upcoming EU GreenBonds Standard.
This week in ESG news: Vanguard launches its first impact fund; Biden considers declaration of climate change emergency; Deutsche Bank appoints its first Chief Sustainability Officer; UK government given 8 months by high court to come up with a climate plan; BlackRock acquires waste-to-renewable gas company for $700 million; PepsiCo issues $1.25
The government has also announced coordinated efforts to reduce carbon emissions, control pollution, expand green initiatives and promote growth. As part of these efforts, China has also sharpened its focus on green and ESG regulation.
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