Green bonds burst onto the scene more than a decade ago and in that time have moved from niche corner of the market to pumping out hundreds of billions of dollars of new debt a year. Now, with the UN Climate Change Conference in Glasgow (COP 26) including a finance day, the financial market’s ability to help the world avert the worst of climate change is at the forefront.
A veteran of crises with the confidence to follow her own monetary policy path, Elvira Nabiullina, governor of the Bank of Russia, begins a second 5-year term with a firm belief that “confidence is the key component of resilience, and economic growth in the end”.
Ahead of the Paris Agreement, the multilateral development banks (MDBs) announced an array of climate finance goals. We talk to the ADB, the EBRD and the EIB to find out whether those goals have been met six years down the line.
This year, the CEEMEA syndicated loans market remains slower than usual, with levels of activity comparable to 2020, and ESG KPIs nearly a prerequisite.