ClimateNeutral

Intesa Sanpaolo Sets Ambitious Plan for SRT Linked to $1.5 Billion ESG Loans

2 months ago

In a significant move highlighting its commitment to sustainability, Intesa Sanpaolo has announced plans to create a structured solution for risk transfer (SRT) associated with an impressive $1.5 billion portfolio of ESG (Environmental, Social, and Governance) corporate loans. This initiative is part of the bank's broader strategy to promote responsible financing, particularly in sectors pressing towards greater ecological and social responsibility.

Czech Power Firm Aims for Green Refinancing of $735 Million Debt

4 months ago

In a strategic move towards enhancing its sustainability initiatives, a prominent Czech power company has announced plans to refinance approximately $735 million in debt. This carefully orchestrated financial maneuver aims to transition the firm towards greener operations while capitalizing on the burgeoning green finance market.

European Investment Bank Gears Up for Securitization Initiative Under New EU Leadership

6 months ago

The European Investment Bank (EIB) is set to embark on a significant securitization initiative as it adjusts to the policies of the new European Union presidency. This strategic move aims to enhance the availability of funding for sustainable infrastructure projects across Europe, representing a proactive approach to meet both financial and environmental targets. The EIB, recognized for its pivotal role in financing European development, is increasing its focus on securitization—a method that allows institutions to pool assets and sell securities backed by those assets.

EU Moves to Block Chinese Hydrogen Technology in New Auction Guidelines

8 months ago

The European Union has come up with new auction guidelines that effectively rule out Chinese companies from participating in the hydrogen technology market within the bloc, a strategic move in bolstering its own renewable energy sector. This latest development marks the significant move of the EU in pursuit of its ongoing efforts to reduce dependency on Chinese technological imports and shore up its indigenous technological advance.