JONES DAY TALKS®: Riding the Green Bond Wave: Focus is on Standards as Volumes Surge
Podcast: European Green Finance and Sustainability Proposals – Impact for Asset Managers
The Hong Kong Monetary Authority (HKMA) recently announced in a circular its expected standards for the sale and distribution of green and sustainable investment products by registered institutions (RIs). This is to ensure...more
In September 2023, pan-European stock exchange and market infrastructure provider Euronext announced the imminent launch of a range of ESG tools and initiatives focused on sustainable finance, including its intention to...more
The Council of the European Union and the European Parliament announced, on 28 February 2023, that provisional agreement on the European Green Bond Standard (the EU GBS and the Regulation) had been reached. More recently the...more
Following the substantial debt activity in the Asia-Pacific (APAC) region in 2021, a slowdown was to be expected for 2022, and yet, the region fared better than many others. For example, by the end of 2022, leveraged and...more
Southeast Asia is at the front line of the climate change crisis, with the region’s significant low-lying populations particularly vulnerable to rising sea levels and increasingly regular extreme weather events...more
Singapore’s Green Finance Industry Taskforce (GFIT) published a second consultation paper on 12 May 2022, proposing detailed thresholds and criteria for a revised Singapore taxonomy for Singapore-based financial institutions...more
In September 2021, the New York Stock Exchange (NYSE) and Intrinsic Exchange Group (IEG) jointly announced the development of natural asset companies (NACs), a new class of publicly tradable securities that hold rights to,...more
What is green finance? The term “green finance” refers to financial products and services provided for project investment and financing, project operation and risk management in sectors such as environmental protection,...more
GSS bonds and other forms of sustainable finance have become a mainstream feature of Latin American debt capital markets - Sustainability issues in Latin America have long been closely linked to finance, but never more so...more
Environmental, social and governance (ESG) factors continue to play an increasingly significant role across the capital markets and have an impact on a range of financial instruments and products. We have previously written...more
In the midst of uncertainties caused by the COVID-19 pandemic, it has been possible to observe the expansion of sustainable investing, especially in Latin America. Over the past two years, investors have been seeing ESG...more
Introduction - On 10 March 2021, the main operative provisions of the Sustainable Finance Disclosure Regulation (2019/2088) (SFDR) began to apply. However, rather than marking the end of the ESG journey, it is just the...more
Environmental, social and governance issues are expected to have a significant impact on the investment landscape in Africa in the short- to medium-term. While the UN has predicted that Africa is particularly vulnerable to...more
Introduction - The need for one set of clear environmental, social and governance guidelines is an issue of increasing importance for UK and European capital market participants. For issuers, the ability to demonstrate...more
Last month, Womble Bond Dickinson launched “Doing Well by Doing Good,” a thought leadership series focused on ways in which environmental and social governance impact business. The following article summarizes “Green Finance...more
Environmental, social and governance (ESG) factors are becoming increasingly relevant across a range of financial investments. This has been driven in part by changes in the legal and regulatory landscape, including increased...more
Recent changes introduced by the Financial Conduct Authority (FCA) - On 21 December 2020, as we broke for Christmas, the FCA published new Listing Rule 9.8.6R(8) (LR) and guidance requiring commercial companies with a UK...more
Trotz der derzeitigen Situation rund um COVID möchten wir uns auch positiven Themen widmen und Sie weiterhin über die aktuellen Entwicklungen im Bereich Sustainable Finance am Laufenden halten: Anfang März hat die Technical...more
Valdis Dombrovskis has a full in-tray that includes securing the EU banking and capital markets union as he begins his term at the European Commission. The new President of the European Commission, Ursula von der Leyen,...more
The Moscow Exchange has announced the opening of the Sustainable Development Sector. This is a landmark event for the development of a sustainable finance (including green finance) market in Russia. The Guidelines for the...more
On 5 June 2019, the Treasury Committee launched an inquiry into the decarbonisation of the UK economy and green finance which will look at the role of the UK regulators and financial services firms in supporting the...more
In March 2017, the London Stock Exchange Group (“LSEG”) announced a new debt multilateral trading facility (“MTF”) targeted at institutional and professional investors, the International Securities Market (the “ISM”). The ISM...more
Earlier this month, we introduced the concept of socially responsible investing (“SRI”), discussing both its genesis and modern-day appeal to investors and financial institutions. As a reminder, SRI usually falls into two...more
Following the inaugural sovereign blue bond issuance by the Republic of Seychelles last October, there have been two recent blue bond announcements. First, The Nature Conservancy recently announced its ambitious “Blue Bonds...more
The Financial Conduct Authority and the Prudential Regulation Authority have published press releases following the first meeting of the Climate Financial Risk Forum on March 8, 2019. The CFRF is a joint forum established by...more