Call us on
+44 (0) 207 045 0920

Sustainable Finance

Why Green Sukuk Could be a Growth Driver for Islamic Finance

Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining traction in the United States.

4 Sep 2017

Azure Power CEO on Building Green into Corporate DNA

Azure Power’s recent USD500mn green bond due 2022 won accolades for being the first solar green bond, paving the way for a wealth of new issuance in the country. We speak with Inderpreet Wadhwa, Founder, Chairman, and CEO, Azure Power about the issuance process, whether the costs of issuing outweigh the benefits, and how issuers can build being green into their corporate DNA.

31 Aug 2017

Emerging Market Regulators Make Strides Building Green Bond Momentum

Growing support for market-driven policies aimed at facilitating green issuance has created important wins for the sustainable finance segment, especially in emerging market countries like China, India, and Mexico. But with the bulk of those policies, at their core, fixated on determining what qualifies as ‘green’, key questions about industry standards – and the best approach to applying them –…

25 Aug 2017

Exchanges Play a Crucial Role in Developing the Sustainable Finance Market

Stock exchanges play a crucial role as an intermediary between investors and issuers, but their role in the sustainable finance market – as platform and infrastructure providers, as facilitators of cross-market standards development, and as educators bringing visibility to new asset classes – is so much wider than that. We speak with Robert Scharfe, CEO of the Luxembourg Stock Exchange, a leader…

22 Aug 2017

Benefits, Standards, and Price Harmonisation in the Sustainable Finance Market

MUFG has a wealth of expertise in energy and natural resource infrastructure finance, which lends itself quite nicely to understanding how to measure risk in areas ripe for green bonds and similar instruments, and the bank is of course very active in bringing borrowers into the green bond market. We speak with Geraint Thomas, Executive Director at MUFG and leader of the bank’s green capital…

11 Aug 2017

Africa Credit Markets Brief: June 29 – July 12

South Africa’s Myriad International Holdings tapped the international markets – Eskom signed loan agreement with China Development Bank – Private sector activity in South Africa fell in June – Nigeria sells T-Bills worth NGN31.9bn – Nigeria’s government intervenes to avert the collapse of Etisalat Nigeria – Kenya delays plans for maiden sukuk – Chad attempts to delay loan repayment – Gabon gets…

12 Jul 2017

CDL Breaks New Ground with Singapore’s First Green Bond

City Developments Limited (CDL), the Singapore-listed real estate giant with a global presence spanning 97 locations in 26 countries, has been praised for its sustainability efforts, which place it top among Singapore corporates in the Global 100 Most Sustainable Corporations in the World 2017 rankings. We speak to the company’s Chief Sustainability Officer Esther An about challenges associated…

11 Jul 2017

CASE STUDY: India’s Rural Electrification Corporation Debuts a US$450mn Green Bond

The state-owned company, which finances and promotes power sector projects in India, successfully launched its inaugural green bond, becoming the first Indian public sector corporate to issue USD-denominated “green” debt and supporting the central government’s sustainability drive.

10 Jul 2017

CASE STUDY: NBAD Blazes a Trail with First MENA Green Bond

UAE-based lender National Bank of Abu Dhabi (NBAD) broke new ground by becoming the first MENA issuer to tap the green finance markets with a debut US$587mn 5-year green bond. The deal marked the largest size and tightest spread for an FI green issuance across the emerging market space, excluding China.

17 May 2017

Putting Green Bonds on a Sustainable Path in Emerging Markets

Global green bond issuance is estimated to top US$206bn in 2017, according to figures from Moody’s, but the development of the asset class in emerging markets is still being hampered by lack of incentives, standards and awareness, according to sustainable finance professionals.

6 Apr 2017

Want EM credit market insights delivered straight to your inbox?

Subscribe