July 2021

1-minute read 
 
The first ever Green Cat Bond
Generali successfully priced last June 25, 2021 a € 200m Catastrophe Bond (“Lion III Re DAC Notes”)[1]. This is the first ever Green Cat Bond sponsor...

7-minute read
 
In July 2021, the Global Sustainable Investment Alliance[1] (GSIA) published its fifth Global Sustainable Investment Review (GSIR) biennial report[2]. GSIA was founded back in 2010...

21-minute read
 
On 14 July, the European Commission adopted a set of 13 proposals, the so-called “Fit for 55 package”, to make the EU's climate, energy, transport and taxation policies commensura...

2-minute read
 
Following November’s 2020 release of Repsol’s 2021-2025 Strategic Plan, on June 14, the company has presented its innovative, comprehensive, and overarching “Transition Financing F...

8-minute read
 
After a decade of preparation and repeatedly delayed launch, China’s national Emissions Trading Scheme (ETS) officially made its debut on July 16, 2021. The national ETS market clo...

8-minute read 
 
The European Central Bank (ECB) has been under increased pressure from civil society and politicians to take action on climate change[1]. Sign of the acceleration that we are witn...

9-minute read
 
On July 12, the Platform on Sustainable Finance published two draft reports about a social taxonomy proposal and an extension of the current green taxonomy to significantly harmful...

In July, a multitude of legislative proposals and strategies related to sustainable finance have been announced by the European Commission and the European Central Bank...

11-minute read
 
On July 15th, 2021 Benin successfully launched its inaugural Sustainable Development Goals Bond (“SDG Bond € 500 million 12.5 years”). It represents a landmark transaction in the ...