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EU Commission Estimates Green Bond Investments to Reduce Emissions by 55 Million Tons per Year

ESG Today

The program targets having 30% of its budget financed through green bonds, and requires at least 37% of spending in Member States’ Recovery and Resilience Plans (RRPs) must be used for sustainable investments and reforms in areas addressing climate change, such as green infrastructure and renewable energy.

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Ontario Power Generation includes nuclear energy in green bonds

Corporate Knights

Provincially owned Ontario Power Generation has adopted a green bond framework that includes nuclear power – a first for the electricity utility. . The move followed a controversial decision in the European Union to classify natural gas and nuclear investments as green. . But does that make them objectively green?

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Iberdrola Issues Green Bond Linked to its Share Price

ESG Today

Global energy and electricity provider Iberdrola announced that it has raised 400 million in a new green bond offering, with the bonds linked to the companys share price, enabling investors to benefit from the performance of its shares. The coupon on the bond was set at 1.5%. billion of green bonds, 15.6

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The rise (and rise) of sustainability-linked finance

GreenBiz

The bonds alone come in a veritable rainbow of flavors: green bonds; climate bonds; sustainability bonds; social bonds; ESG bonds; blue bonds (related to oceans); and more. Green bonds are used to finance projects and activities that benefit the environment. It’s not just bonds.

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Comcast Fully Allocates $1 Billion Green Bond

3BL Media

Comcast Corporation published its 2024 Green Bond Report , which outlines the full allocation of proceeds from its inaugural green bond issued in February 2023. Comcast also has a National Recycling Program, aiming to recycle or divert cable equipment waste from landfills through recovery and redistribution of materials.

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The nuclear option

Corporate Knights

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. With this in mind, nuclear green bonds promise to help fund decades of net-zero energy for the public and years of clean financial returns for investors.

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Waste reduction bonds can make green bonds greener

Impact Alpha

That’s the message of Future of Waste from UBS Global Wealth Management, the first of a series of white papers exploring longer-term sustainable investment opportunities. The report details the challenges and investment opportunities to be found in reducing waste, from food and plastics.