The OPEC Fund for International Development has issued a $1 billion bond priced using its Sustainable Development Goal (SDG) bond framework, attracting 40 investors. A separation between OPEC and the OPEC Fund may allay concerns over potential greenwash claims.
BlueOrchard, a member of the Schroders Group and manager of the InsurResilience fund, has provided $5.29 million to Brazilian specialty insurer Newe Seguros, which intends to promote parametric insurance to small-scale farmers in the country to boost food security.
The OPEC Fund for International Development has issued a $1 billion bond priced using its Sustainable Development Goal (SDG) bond framework, attracting 40 investors. A separation between OPEC and the OPEC Fund may allay concerns over potential greenwash claims.
BlueOrchard, a member of the Schroders Group and manager of the InsurResilience fund, has provided $5.29 million to Brazilian specialty insurer Newe Seguros, which intends to promote parametric insurance to small-scale farmers in the country to boost food security.
The Church of England plans to invest £100 million after it was found that the Church Commissioners’ endowment had historic links to transatlantic chattel slavery.
Swiss impact investor BlueOrchard has hired Martin Diaz Plata as its new head of private equity investments.
Analysts at Goldman Sachs have identified ten upcoming trends in the sustainable investing space in 2023, as the world progresses from aspiration to action.
French asset management firm Carmignac has appointed Lloyd McAllister as head of sustainable investment.
General Atlantic has closed its inaugural climate solutions fund, having raised $2.6 billion in total. The growth equity firm will add a further $900 million, bringing the BeyondNetZero fund's cumulative value to $3.5 billion.
The Inter-American Development Bank (IDB) is looking to lead other banks in developing a framework that incorporates the risks and opportunities associated with tackling biodiversity loss. It is also working to integrate biodiversity into the national planning processes of its Latin American and Caribbean member countries.
At COP15, a group of institutional investors has unveiled Nature Action 100, a new global investor engagement initiative to drive urgent action on the nature-related risks and dependencies in companies.
BNP Paribas Asset Management (BNPP AM) has taken a majority stake in forest asset manager International Woodland Company (IWC) to bring natural capital investments to its private market investors. It comes as parent organisation BNP Paribas (EPA:BNP) faces accusations of greenwash over its involvement in a forestry project in Indonesia.
