MCB Group Launches Mauritius's First Sustainable Finance Framework Under ICMA and LMA Standards
MCB Group has unveiled Mauritius's first sustainable finance framework, covering 13 green and social categories and coordinated by Société Générale and Standard Chartered.
Arab African International Bank Issues USD 500 Million Sustainability Bond, Egypt's First from a Private Bank
AAIB has launched a USD 500 million sustainability bond — Egypt's first by a private bank and Africa's largest — backed by USD 300m from IFC, USD 100m from EBRD, and USD 100m from BII.
Brazil's Bradesco Surpasses BRL 250 Billion Sustainable Finance Target and Raises Ambition to BRL 320 Billion
Bradesco BBI hit its BRL 250bn sustainable finance mobilisation goal ahead of the 2025 deadline and immediately raised the target to BRL 320bn over the same period.
JPMorgan Chase Publishes 2024 Climate Report Introducing Energy Supply Financing Ratio
JPMorgan's November 2024 climate report introduced the Energy Supply Financing Ratio, showing $1.29 in green solutions financed per $1 in high-carbon activities for 2023.
MAS Launches FAST-P Industrial Transformation Programme at COP29 to Finance Asia's Hard-to-Abate Sector Decarbonisation
Singapore's MAS unveiled the FAST-P ITP at COP29, offering concessional debt for hard-to-abate industry decarbonisation, backed by up to USD 500M in Singapore government capital.
Jordan's Arab Bank Discloses USD 266 Million Sustainable Finance Portfolio in Inaugural Impact Report
Arab Bank published its first Sustainable Finance Allocation and Impact Report, revealing a USD 266 million eligible portfolio and 155,528 tonnes of avoided GHG emissions.
Rabobank Issues GBP 400 Million Green Non-Preferred Senior Bond in Third Green Issuance of 2024
Rabobank has priced a GBP 400 million Green Non-preferred Senior bond maturing April 2029, with proceeds fully allocated to eligible green assets under its Sustainable Funding Framework.
Westpac Becomes First Australian Bank Backed by CEFC Household Energy Upgrades Fund
Westpac has launched sustainable home upgrade loans backed by the CEFC's AUD 1 billion Household Energy Upgrades Fund, the first such product in the Australian market.
People's Bank of China Advances Green Finance Framework with New Catalogue and Revived Carbon Market
China has finalised its Green and Low-Carbon Transition Industry Guidance Catalogue and relaunched the CCER carbon credit market, suspended since 2017, as part of a sweeping green finance push.
Central Bank of Oman Orders All Licensed Banks to Submit Green Finance Plans by Mid-2025
The CBO has issued a circular requiring all banks in Oman to assess climate-related risks and submit board-approved sustainable finance implementation plans by 30 June 2025.
South African Reserve Bank Adopts Strategy to Cut Carbon Emissions by 30% by 2026 and Reach Net Zero by 2035
The SARB has approved a carbon footprint reduction strategy targeting a 30% cut in operational emissions by 2026 and net zero across its own operations by 2035.
Commerzbank Sets 74% Energy Portfolio Emissions Target by 2030 in One of Europe's Most Ambitious Bank Climate Plans
Commerzbank has set a target to cut emissions in its energy lending portfolio by 74% by 2030 against a 2021 baseline, alongside net-zero goals for operations by 2040 and lending by 2050.