The Abu Dhabi Commercial Bank P.J.S.C (ADCB) has achieved an upgrade in its MSCI ESG rating to ‘AA’ from ‘A’, reflecting the Bank’s progress in sustainable finance initiatives, ESG due …
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European asset manager Amundi and the IFC, a member of the World Bank Group, have published the sixth edition of the Emerging Market Green Bonds Report. The report provides insight into the developments in …
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Last week, Saudi Arabia’s Ministry of Finance (MoF) launched its Green Financing Framework under the Financial Sector Development Program, aimed at driving forward sustainable funding efforts and achieving Vision 2030 goals. …
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S&P Global Ratings has provided its outlook for the green, social, sustainability, and sustainability-linked bond (GSSSB) market for 2024. Its report forecasts that sustainable bond issuance will likely reach US$1 …