The Republic of Indonesia (RoI) demonstrated its commitment towards sustainable financing when it priced its inaugural blue bond as part of its fund raising in the Samurai bond market. The sovereign on May 19 priced a four-tranche offering totalling 104.8 billion yen (US$745 million), which included two tranches of blue bonds – 14.7 billion yen for seven years and 6 billion yen for 10 years. The other two tranches are conventional bonds amounting to 46.9 billion yen for three years and 37.2 billion yen for five years.
29 May 2023
Pioneering agreement with Hyphen to develop sub-Saharan Africa’s largest such project
25 May 2023
Thailand’s Krungthai Bank and PTT Exploration and Production Public Company (PTTEP), a Thai oil and gas exploration and production company, have partnered to launch the country’s first carbon credit-linked investment programme.
29 May 2023
As tempting as it is to rely on multilateralism to solve a shared global problem like climate change, the world simply does not have the time for such an approach. A far more pragmatic and effective strategy is to focus on the biggest polluters that contribute disproportionately to total greenhouse gas emissions
24 May 2023
Six-year A$100 million (US$66.4 million), facility proceeds target company’s net-zero goals
19 May 2023
The Investment Management Association of Singapore (IMAS) has collaborated with the Singapore Green Finance Centre (SGFC) to offer a series of training modules on sustainable finance.
18 May 2023
Asset owners and managers welcome heightened regulatory scrutiny of environmental, social, and governance (ESG) initiatives in the wake of “greenwashing” concerns.
17 May 2023
Singaporean lender OCBC has unveiled its decarbonization targets for six sectors and the key actions it will take to meet the targets as part of its commitment to achieve net zero in its financed emissions by 2050.
16 May 2023
There is a huge gap in climate adaptation financing, the difference between climate adaptation funding being made available and the climate adaptation financing requirements. “With the way extreme climate events are occurring, the need for this type of financing will continue to be big,” Domenico Nardelli, treasurer at the Asian Infrastructure Investment Bank (AIIB) tells The Asset.
15 May 2023
The Asian Infrastructure Investment Bank (AIIB) has priced its first climate adaptation bond, a five-year offering that has raised A$500 million (US$337 million).
11 May 2023
Asia is ramping up efforts to achieve its low-carbon ambitions, and round-the-clock (RTC) renewable energy supply is emerging as the most important consideration in its bid to reduce dependence on fossil fuels while ensuring a stable and reliable source of electricity.
5 May 2023
Japan’s largest banking group MUFG Bank, in partnership with Mitsubishi Corporation and Pavilion Private Equity, has established a fund that will invest primarily in companies dedicated to decarbonization through the development of climate technology.
4 May 2023
© 2023 Asset Publishing and Research Limited. All Rights Reserved.