Bonds

The latest developments in ESG-related funds: Carmignac downgrades three funds to Article 8; Gresham House launches Irish forestry fund.

The latest developments in sustainable finance: Kentucky accuses FIs of energy boycotts; US Federal Trade Commission looks to update guidance on environmental marketing claims.

Bank had forecast SLBs would overtake use of proceeds in 2023, but quality concerns and lack of premium have slowed growth.

The latest developments in sustainable finance: EU publishes FAQs to help companies apply green taxonomy framework; Clarity AI partners with Refinitiv on SFDR tool.

Issuance levels are likely to recover from their 2022 slump, but concerns continue over the quality of green bonds and SLBs.

The latest developments in sustainable finance: GFANZ forms working group for Vietnam JETP; ANZ leads first Orange Bond for IIX.

World Bank looking at other species, maternal health and carbon credits, while UNGC predicts blue bond surge next year.

ShareAction report finds poor biodiversity integration, blasts banks’ fossil fuel policies for 'loopholes'.

IIGCC to launch group, which will also look at legal concerns on collective engagement and launch engagement pilots with CA100+

Transaction will see S&P integrate CICERO's light-to-dark green ratings into its SPO offering, and CICERO recieve $20m cash.