US$120 million investment targets digital, energy transition infrastructure opportunities

Khan Bank, Mongolia’s largest commercial financial institution, has issued the first-ever green bond to be issued in the country, a US$60 million, five-year offering. The International Finance Corporation (IFC) is investing US$15 million in the offering, which has attracted another US$45 million from international investors, including US$35 million from Dutch entrepreneurial development bank FMO and US$10 million from MicroVest Capital Management.

If Ajay Banga is confirmed as World Bank president – as is likely – he will have to find ways to meet the demands of a global south that is eager for change. Failure to do so would undermine the bank’s long-term viability; and jeopardize the West’s future ability to exercise its convening power

DBS, Citi, MUFG, and HSBC take home accolades in The Asset Triple A Sustainable Capital Markets Awards 2023 as announced in an Oscar-style awards ceremony held last night (March 14) at the Four Seasons Hotel in Hong Kong.

Transaction demonstrates China’s commitment to addressing challenges of marine litter

Climate change is perhaps the most significant financial risk for investors over the long term, according to Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).

US$15 million facility key to establishment of Pepperl+Fuchs international standard plant

Strategy targets the most carbon-intensive institutional sectors it finances, SME lending, digital platform

Being in a region that is among the most vulnerable to climate change, Singaporean banks are ramping up efforts to incorporate environmental, social and governance (ESG) principles into their lending and investment decisions. Over the last couple of years, the city-state’s leading lenders DBS, OCBC and UOB have committed themselves to achieving the net-zero target by 2050, and have made comprehensive pledges to curb lending to industries that are not ESG-compliant such as coal, steel, shipping, and oil and gas sectors.

Even markets with contested reputations, such as those for finance and pharmaceuticals, have rules that go beyond certifying the quality of the products traded. As recent scandals have demonstrated, the same should be true for carbon offset markets

Committee members to advise on macroeconomics, climate change, biodiversity, natural resources

Swaps can help reduce deep debt distress being experienced by over-leveraged EM counties.

The Government of the Hong Kong Special Administrative Region has priced its inaugural tokenized green bond amounting to HK$800 million (US$102 million), the first such issuance by a government globally. The one-year, Hong Kong dollar-denominated bond was issued under the government’s green bond framework. Following a virtual roadshow earlier this week, it was priced on February 15 at a coupon rate of 4.05%