green bond
Proceeds of the bond will support climate-smart projects including clean energy, green banking and energy efficient buildings in developing economies
Funding will be directed towards regenerative agriculture, decarbonisation and climate resilience within its operations and value chain and virgin plastic waste reduction
The company previously pledged towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040
The investment is the International Finance Corporation’s and Itaú’s first green bond in the country, aiming to widen access to finance for the purchase of climate-smart vehicles
It is the largest Canadian-denominated green bond to date, aimed at helping to create new financing opportunities to accelerate projects ranging from green infrastructure to nature conservancy
World Bank Green Bonds support the financing of projects in member countries that meet specific criteria for low carbon and climate resilient growth
It is hoping to have methanol-powered container ships ready to go by 2024 with the new investment
The so-called ‘Green Gilt’, expected to help drive the progress to net zero and create jobs across the UK, was the largest debut green issuance by any sovereign
It will pay a higher interest rate to bond investors if it fails to meet its interim targets for reducing Scope 1, 2 and 3 emissions by September 2025
The proceeds will finance investments that contribute to the Swedish power company’s goal of enabling a fossil-free living within one generation