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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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Australia to Issue Inaugural Green Bond

ESG Today

The government of Australia will issue its first ever green bond next year, joining the growing ranks of sovereign debt issuers participating in the sustainable finance market to help fund their environmental sustainability initiatives, according to an announcement on Friday by Treasurer Jim Chalmers.

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'Greenwashing' is the 'Loch Ness monster' of the green bond market

Environmental Finance

A veteran green bond market participant said 'greenwashing' was not really present in the green bond market despite substantial hand-wringing around the topic.

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Green Bond Momentum Builds in H1 2023

Chris Hall

Linklaters forecasts record year for green bonds, while SLB issuance suffers Q2 slowdown. Investor demand for green, social, sustainability, sustainability-linked and transition bonds (GSS+) has surged in H1 2023, with regulatory developments bringing greater transparency and confidence to the market.

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Green bonds or greenwashing? Growth of aquaculture poses risks for ocean health.

Impact Alpha

The post Green bonds or greenwashing? ImpactAlpha, July 29 – Mowi ASA, the Norwegian fish farming giant, raised €200 million from investors last year in what was the seafood industry’s. Growth of aquaculture poses risks for ocean health. appeared first on ImpactAlpha.

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EU Parliament Adopts European Green Bond Standard

ESG Today

Lawmakers in the European Parliament voted 418-79 on Thursday to approve the adoption of a new European Green Bond (EuGB) label, aimed at fighting greenwashing and providing investors with confidence that their investments are being appropriately directed towards financing sustainable business activities and technologies.

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EU Council Adopts New European Green Bond Standard

ESG Today

The Council of the European Union announced today the adoption of a regulation creating a new European Green Bond Standard, marking the last major step for the establishment of a new European Green Bonds (EuGB) label, aimed at fighting greenwashing and helping advance the sustainable finance market in the EU.