Entries for 'Sustainable Finance'
April 21, 2022
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda in addition to policy and regulatory updates and a market snapshot.
April 20, 2022
Amid rising global rates and market volatility, global issuance of sustainable debt fell to $285 billion in Q1 2022, nearly 20% lower than in Q1 2021. Some $55 billion of issuance came from EMs in Q1-up from $45 billion in Q1 2021.
April 20, 2022
We are pleased to share our new quarterly chartbook, designed to monitor sustainable flows (to ESG funds, climate finance flows, and climate finance to emerging markets), ESG market development, and the evolution of voluntary carbon markets. We also include our regular EM ESG Scorecard-a useful indicator of progress in areas including carbon efficiency as well as broader environmental and social issues.
April 13, 2022
In our latest episode of All About the Green, we are joined by Zoe Knight, Managing Director and Group Head, HSBC Centre of Sustainable Finance, to discuss the global sustainable finance agenda and the growing focus on transition finance in supporting Net Zero goals.
March 31, 2022
Despite rapidly growing use of renewables, many EU countries still rely heavily on fossil fuel energy; Russia currently provides the lion’s share of EU energy: 38%, 23%, and 46% of imported gas, oil, and coal respectively; High and volatile fossil fuel prices should accelerate Europe’s transition to clean energy over the medium term…; …but greater demand and higher prices for non-Russian gas sources could push Asia towards cheaper coal; Change could come quickly: the REPowerEU plan aims to cut EU reliance on Russian gas by two-thirds in 2022.
March 23, 2022
In our latest episode of “All About the Green,” we are joined by Marisa Buchanan, Managing Director, Global Head of Sustainability at JPMorgan Chase & Co., for a deep dive on the state of sustainable finance markets. Marisa describes how her career path in climate and ESG finance has evolved, and how JPMorgan’s sustainability strategy is reflected in corporate governance—and incorporated throughout global business lines. We discuss progress on managing environmental and social risks, the practical challenges of implementing Net Zero commitments and the need for transition finance—including for hard-to-abate sectors. Key themes include the need for international alignment in sustainable finance policy and regulation, the importance of public-private sector collaboration and the vital role of private capital markets in achieving a fair and equitable transition to a Net Zero future.
March 15, 2022
On March 11, the IIF submitted a comment letter to the European Securities and Market Authorities (ESMA) in response to its Call for Evidence on ...
March 9, 2022
A fascinating conversation with Gordon Bennett, Managing Director of Utility Markets at Intercontinental Exchange (ICE)—we look at the role of global capital markets in financing climate and ESG solutions, the importance of high-integrity voluntary carbon markets to support Net Zero goals and natural capital, and ways to bring down the currently high cost of new green technologies we need for decarbonization.
March 3, 2022
The Intergovernmental Panel on Climate Change (IPCC) released its Working Group II (WGII) Report on February 28, the second major section of its Sixth...
February 17, 2022
This is the second paper in the IIF’s series on the case for greater international alignment in sustainable finance policy and regulation.
January 31, 2022
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the January 2022 issue, we discuss our sustainable finance agenda for 2022 as well as policy and regulatory updates, and a market snapshot on greenflation.
January 27, 2022
Amid surging demand, we project global sustainable debt issuance at $1.8 trillion in 2022, soaring to $3.8 trillion in 2025. Under favorable market conditions, total issuance could reach an annual pace of over $7 trillion by 2025.
January 20, 2022
With environmental, social and governance issues dominating the international policy agenda–and as investor demand for new ESG financial products and services continues to grow–global debt markets, and by extension fixed income portfolios, are about to undergo a radical transformation.
January 6, 2022
As pandemic strains eased, EM sovereign Eurobond issuance subsided to pre-COVID levels in 2021 ($145 billion), with Chile, Mexico, and UAE the top issuers. With global rates set to rise in 2022, and still-high funding needs, EM sovereign issuance is expected to remain broadly stable at $150-$160 billion this year.
December 16, 2021
This podcast explores a variety of topics relating to climate change and its impact on the financial services industry and the broader economy. Throug...
November 30, 2021
In the November 2021 issue, we discuss our expectations for 2022 as well as policy and regulatory updates, key COP26 takeaways, and a market snapshot on carbon leakage, embedded emissions, and border adjustments.
November 22, 2021
The final scorecard for COP26 is an improvement over previous COPs, but well short of outright victory.
November 12, 2021
On August 31, the Federal Insurance Office (FIO) of the U.S. Treasury announced that it would be seeking public input on the FIO's future work relating to the insurance sector and climate-related financial risks. This Request for Information (RFI) came in response to President Biden’s May Executive Order on Climate-Related Financial Risk, which directed federal agencies to incorporate climate change issues into their regulatory priorities. On November 12, the IIF submitted its response to the FIO RFI.
November 2, 2021
The Institute of International Finance (IIF), supported by Ernst & Young LLP, has developed a set of voluntary “guidance templates” to support disclosures by financial institutions aligned with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), with a focus on the banking sector.
October 29, 2021
COP26 in Glasgow from October 31 to November 12 – will be the most consequential UNFCCC meeting since Paris, with hopes for successful outcomes across a broad range of negotiation items.