The world’s fourth largest bank by total assets, HSBC Holdings, has finally entered the rapidly expanding global green bonds market. Only days after announcing that it will create a portfolio worth $1 billion to invest in green bonds to support renewable energy and sustainability projects, HSBC Holdings floated is first … [continued]
British banking giant HSBC has pledged to commit $1 billion to a green bond portfolio. Announced last week, the British-based multinational banking giant pledged to commit $1 billion (USD) to a green bond portfolio that will be focused on investing in “high quality liquid assets in the form of green, … [continued]
A new report has reported climate-aligned bonds have reached a total of $597.7 billion since 2005, a 20% increase on a year earlier, with almost a third of this year’s increase linked to the rapid growth in the green bond market. The report was published by the Climate Bonds Initiative, … [continued]
The University of Edinburgh, in Scotland, has taken the middle road in the current global fossil fuel divestment campaign, stating that they do not see their choices limited to “no change” or “pull out of all investments.” In a statement released Tuesday (PDF), the University of Edinburgh has revealed that “the … [continued]
According to reports circulating throughout the media, the G20 forum has launched a joint probe into the possible global financial risks presented by fossil fuel companies investing in future developments that run contrary to international climate goals. A report in The Telegraph this week highlights the International Energy Agency’s view that “two … [continued]
A new report from the Global Research division of Britain’s multinational banking and financial services company, HSBC, has warned of increasing risk of “stranded assets” in the fossil fuel industry. And though the report doesn’t go so far as to warn investors away from investing in the fossil fuel industry … [continued]
Originally published on RenewEconomy. Yet another major investment bank has concluded that renewable energy technologies such as wind and solar are now competing with fossil fuels in many parts of the world, and will play a critical role in helping meet ambitious climate targets to be negotiated in Paris later this … [continued]
Fossil fuel divestment has gone on long enough that it seems England’s Prince of Wales, Charles, is even jumping on the bandwagon, amidst a number of other British individuals and institutions. Prince Charles, Environmental Advocate The news comes by way of a survey conducted by the Financial Times, which found that “seven … [continued]
Global solar investment more than doubled in 2014, with big corporate funders choosing reliable returns from renewables instead of volatile fossil fuels.
The first-ever Global Divestment Day will bring the surging fossil fuel divestment movement to an international stage with action on five continents.
