Iberdrola’s €800 Million Hybrid Green Bond Sees Record Demand, Reflecting Strong Investor Confidence

Iberdrola has successfully placed an €800 million hybrid green bond, receiving overwhelming interest with demand 3.75 times oversubscribed, totaling more than €3 billion from over 200 international investors. The bond, which offers a competitive 4.25% coupon, marks the company’s most attractive hybrid issuance in the past three years, reflecting a strong market reception and investor […]

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COP29 $250 Billion Draft Climate Finance Deal Faces Global Pushback Amid Urgent Calls for Action

COP29, the 2023 UN Climate Conference, has unveiled a draft proposal aiming to secure $250 billion annually in climate finance by 2035 from developed nations. This target, known as the New Collective Quantified Goal (NCQG), marks a significant increase from the $100 billion target established in 2009. However, the proposal has faced sharp criticism from […]

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Global Coalition Pushes for Increased Sustainable Building Finance to Close Green Financing Gap

A new initiative launched by a coalition of prominent green building organizations aims to address the growing financial divide between high-performing sustainable buildings and the broader building stock. The coalition, which includes the UK’s Building Research Establishment (BRE), the Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the US Green Building […]

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Storm Caetano Strikes France, Leaving Widespread Damage and Disruption

November 21, 2024 – November 22, 2024 France was hit by an extraordinary weather event this week as Storm Caetano swept across the country, bringing unseasonably severe winter conditions. The storm, which lashed France with strong winds and heavy snowfall, left a trail of destruction, from power outages to traffic gridlocks, and even a devastating […]

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Societe Generale Sets Bold €500 Billion Sustainable Finance Goal, Pioneers Environmental Transition

Societe Generale is making a major stride towards sustainability with a €500 billion sustainable finance target for the period of 2024–2030. This ambitious goal marks a significant step in the bank’s commitment to advancing the environmental transition while driving innovative investments in energy, circular economies, and nature-based solutions. With 80% of the funds dedicated to […]

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Navigating ships through recovering whale populations – The Applied Ecologist

In this blog post, Emily Hague and team discuss their latest research into the importance of careful consideration of collision-mapping approach and data selection when it comes to predicting high-risk vessel collision areas for whales. For conservationists and those that care about nature and our planet, the news can feel incredibly bleak, with daily (deservedly) […]

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IDB Announces $11.3 Billion Investment in Annual Climate Finance by 2030 to Tackle Environmental Challenges

Date: November 15, 2024Location: COP29, Dubai, UAE Summary:The Inter-American Development Bank (IDB) has committed to investing $11.3 billion annually in climate finance by 2030. The move is part of the IDB’s broader strategy to address climate change and support sustainable development in Latin America and the Caribbean. This commitment will fund projects aimed at reducing […]

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Conflict-Affected Nations Urge $20 Billion in Climate Aid at COP29 to Combat Environmental Crisis

Summary:A coalition of conflict-affected nations has called for $20 billion in climate aid to help mitigate the impacts of climate change, which are exacerbating existing humanitarian crises. In a letter to world leaders at COP29, these nations outlined urgent needs for climate resilience funding to address the dual challenges of conflict and climate disaster. Introduction […]

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EU Approves First-Ever Certification Framework for Carbon Removals and Farming to Accelerate Climate Neutrality Efforts

In a landmark decision that could significantly impact Europe’s approach to tackling climate change, the European Union (EU) has approved its first-ever certification framework for carbon removals, carbon farming, and carbon storage in products. This comprehensive regulatory framework is designed to support the EU’s climate neutrality goal by 2050, marking a pivotal step in achieving […]

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