10-minute read
On November 4, 2021, the International Platform on Sustainable Finance (IPSF)[1] taxonomy working group unveiled the “EU-China Common Ground Taxonomy - Climate Change Mitigation (...
20-minute read
On October 27th, the awaited review of the Capital Requirements Regulation (CRR) and of the Capital Requirements Directive (CRD) proposal was released by the European Commission w...
10-minute read
On 6 July 2021, the European Commission unveiled its Proposal for a Regulation on the European Green Bond Standard (EU GBS). Most of its requirements follow market practices. To b...
5-minute read
In August 2021, the European Commission, released a report[1] based on a study carried out by BlackRock Financial Markets Advisory on the integration of ESG objectives into EU bank...
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...
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...
7-minute read
On May 7, 2021, the EU Commission published a call for public feedback on the contemplated content, methodology and presentation of the information that companies will have to dis...
30-minute read
On May 26th, the District Court of The Hague in the Netherlands ruled that Royal Dutch Shell (“RDS”) must curtail its scope 1 to 3 global carbon emissions by net 45% by 2030 compa...
2-minute read
On Tuesday 13th April 2021, the Social Loan Principles (SLP) have been published by the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan S...
9-minute read
On April 21, the European Commission ratified the EU Climate Law Regulation [1], setting a legally binding goal to cut GHG emissions by at least 55% [2] by 2030 compared to 1990 le...
4-minute read
Early March, the European Supervisory Authorities (ESAs) — the EBA, the ESMA and the EIOPA [1]— submitted their advice to the European Commission regarding new KPIs that would mea...
7-minute read
The Sustainable Finance Disclosure Regulation (SFDR) is one of the key pillars of the European Commission’s 2018 Sustainable Finance legislative package. It came into force in Dece...
3-minute read
The Swedish Central will reportedly purchase more green bonds in its asset purchasing programs. At the end of last year, Sweden’s Central Bank (the “Riksbank”) announced its intent...
- 12-minute read -
The French Directorate-General of the Treasury handed a report to the Parliament on a climate strategy for public export financing last October. Through amendments to the 2021...
- 7-minute read -
In November, the UK’s Chancellor of the Exchequer Rishi Sunak made numerous announcements related to sustainable finance, as part of the UK’s plan to bolster the dynamism, open...
Following the publication of ICMA’s Sustainability-Linked Bond Principles (SLBP) in June 2020 (see our July article), a few inaugural issuances of this new product were observed on the market re...
4-minute read
Since COP21, the French authorities have positioned themselves at the forefront of a thriving sustainable finance market. As of 2015, two labels were created, the SRI Label for ESG...
