AIIB and World Bank Renew Partnership to Boost Infrastructure and Support Sustainable Development Goals
The Asian Infrastructure Investment Bank (AIIB) and the World Bank have signed a renewed Memorandum of Understanding (MOU) to enhance collaboration on infrastructure development and support the achievement of the…
Scotiabank has raised EUR 1 billion in its first-ever issuance of a European Green Bond
Scotiabank has issued its inaugural EUR 1 billion, 5-year senior fixed rate Green Bond (the “EUR Green Bond”) in the European market pursuant to Scotiabank’s Sustainable Issuance Framework released on April 5, 2024 (the…
JP Morgan plans to invest $2.5 trillion for sustainable development financing by 2030 and has released a new 2023 ESG Report
Key Impact Points: In 2023, JPMorgan Chase continued to show its strong dedication to Environmental, Social, and Governance (ESG) principles through its detailed annual ESG report. The report provides an…
JICE Exceeds Financing Goals with €11.6 Billion for Circular Economy, Sets New €16 Billion Target by 2025
At the World Circular Economy Forum 2024, the European Union’s largest public promotional banks and institutions — Bank Gospodarstwa Krajowego (BGK — Poland), Caisse des Dépôts Group (CDC — France),…
BBVA Trains Over 400 Suppliers and SMEs in 13 Countries on Sustainability Through UN Global Compact Program
Once more, BBVA has been actively encouraging sustainability education among 418 of its suppliers and small and medium-sized enterprise (SME) customers in 13 countries where it does business. In total, 552 individuals will…
Singapore and its partners plan to raise $5 billion to help finance climate projects in Asia
Singapore is leading a significant financial project aimed at raising $5 billion with global partners to aid projects focused on climate in Asia. This ambitious effort, called the “Financing Asia’s Transition Partnership”…
Barclays has chosen Isabelle Millat as the co-leader for Sustainable Finance for Global Markets and Europe
Barclays announced the appointment of Isabelle Millat as Head of Sustainable Finance for Global Markets and Barclays Europe. A critical element of Barclays’ Investment Bank strategy and net zero ambition…
JPMorgan, Citi, RBC have agreed with NYC on disclosing their finance plans for tackling climate change
Three of the largest North American banks have agreed to publicly disclose their financing ratio of low-carbon energy to fossil fuels, setting a new standard for the banking sector After…
Chevron’s Clean Energy Division Invests in ION Clean Energy
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through…
California Has Its Sights Set on a $6.1 Billion Grid Expansion to Support Offshore Wind and Clean Energy Goals
California is accelerating its transition to clean energy with a revamped 2023-2024 transmission plan proposed by the California Independent System Operator (ISO). The $6.1 billion plan prioritizes grid reliability and…