Etihad Rail has launched its Sustainable Finance Framework. According to the developer and operator of the UAE’s national railway network, the framework is designed to link future financing to its…
finance
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A new report from economist Gabriel Zucman proposes taxing individuals with more than $1 billion in wealth, equal to 2 per cent of their wealth. The report, commissioned by the…
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Kuwait’s Warba Bank has announced the listing of sustainability Sukuk worth $500 million on Nasdaq Dubai. According to the bank, this is the first-ever issuance of sustainable Sukuk in Kuwait,…
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QNB Group has joined the Partnership for Carbon Accounting Financials (PCAF), making it the first bank in Qatar to do so. The partnership, developed by the Global GHG Accounting and…
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GIB Asset Management UK (GIB AM), part of the Gulf International Bank Group (GIB), has announced the appointment of Victoria Barron as Chief Sustainability Officer. In her new role at…
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Onepak Inc., a digital supply chain and reverse logistics platform, has raised $20 million from the Private Equity Impact team at Nuveen, the asset manager of TIAA, to advance e-waste…
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The European Bank for Reconstruction and Development (EBRD) has issued a loan of US$ 20 million to Crédit Agricole Egypt, a commercial bank and subsidiary of Crédit Agricole Group, for…
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The World Bank’s International Finance Corporation (IFC) and Citi have agreed to implement a $500 million facility in Mexico as the first project under the umbrella of a $2 billion…
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The Helios Climate, Energy Access, and Resilience (CLEAR) Fund has raised approximately $200 million in its first close for investment focused on climate mitigation and adaptation in Africa. The fund,…
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This week, the International Accounting Standards Board (IASB) has published a consultation document proposing guidance for how companies can better inform investors about climate risk, and other uncertainties. The independent…