State Owned REC Raises Rs 3,500 Crore through Yen-Denominated Green Bonds
REC’s bond issue is the largest ever Euro-Yen issuance in South and South East Asia, largest Yen-denominated issuance from India, and largest non-sovereign Yen-denominated issuance ever from South and South East Asia
Green Tech, ESG and Sustainability Requirements to Shape Credit Outlook in 2024: Moody’s
Moody’s identified six key trends – Green Technology and Disruptive Innovation, Complex ESG Policy Landscape, Rising Physical Climate Risks, Climate Finance Gap in Emerging Markets, Focus on Environmental Degradation and Reshaping the Future of Work – will shape credit strength in 2024
SBI Raises $250 Million Though Green Notes
This issuance, part of SBI’s USD 10 Billion medium-term note program, reaches maturity on December 29, 2028, and was executed through a private placement facilitated by its London branch
Impact Bonds Slump In 2023 Globally, Expecting Rebound In 2024
Higher interest rates, a global economic slowdown, and rising costs are cited as the primary reasons for the drop
Panasonic plans to reduce 1% of global emission by 2050, says Panasonic Middle East & Africa MD Hiroyuki Shibutani (Interview)
Looking ahead to 2050, Panasonic Group aspires to make a significant impact, aiming to cut CO2 emissions by over 300 million tons—equivalent to approximately 1% of the current global total emissions
COP28: A Beacon of Hope for a Sustainable Future
As the largest COP in history concluded in Dubai, the conference agreed on some of the landmark decisions such as transition away from fossil fuels, loss and damage and cutting down methane emissions
COP28: Setting the Pace for a New Era
COP28 has mobilized over $83 billion in funding, along with 11 pledges and declarations launched and received historic support
COP28: Will There Be an Agreement to Phase Out Fossil Fuels?
Over 80 countries, including major oil and gas producers like Norway and the United States, are pushing for a pact to phase out all CO2-emitting fossil fuels
India Stays Away from Key Pledges, UAE Unveils Green Finance and Barbados Calls for Climate Tax
India has opted out of signing two major pledges at COP28, raising eyebrows and sparking discussions about its commitment to global climate action
Finance Industry Gathers at COP28 to Forge Path to Low-Carbon Economy
This year’s summit marks an unprecedented gathering of finance industry representatives at a United Nations Conference of the Parties (COP), underscoring the growing recognition of the critical role finance plays in addressing climate change