“Development banks make landmark climate pledge, but no fossil fuel phase out” – Reuters – November 10, 2020
On November 10, 2020 Reuters reported that “(t)he world’s public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing. At a green finance summit organised by the French government, the world’s 450 public development banks said […]
“QNB green bond a sign of what’s to come as Gulf embraces ESG” – S&P Global – November 4, 2020
On November 4, 2020 S&P Global reported that “Qatar National Bank (QPSC)’s $600 million green bond issuance is a sign of growing investor demand for these instruments and could presage further activity in the Gulf Cooperation Council, with growing interest and awareness within corporate boardrooms. In the Gulf, sustainable development is increasingly important as governments […]