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Turkey Fast-Tracks Sustainable Finance - Finance and Banking

The Ministry of Treasury and Finance ("Ministry") published the Sustainable Finance Framework ("Framework") setting the standards for green, social and sustainable transactions in financial markets on its website on November 12, 2021.
Republic Of Turkey Ministry Of Treasury United Nations Sustainable Development Goals International Capital Central Bank Loan Markets Association
Source: mondaq.com

Finance sector collaborates with BSP on sustainability guidelines

Financial regulators led by the Bangko Sentral ng Pilipinas (BSP) are arming banks, financial institutions and corporates with the necessary tools and guidance in the effective management of climate and other environment-related risks. BSP Deputy Governor Chuchi G. Fonacier, during the GRI-SM ASEAN
Kelvin Lester Lee Walter Wassmer Bangko Sentral Mark Carney Chuchig Fonacier Yuki Yasui
Source: mb.com.ph

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For banks that backed PH coal boom, the path to renewable energy comes with roadblocks

For banks that backed PH coal boom, the path to renewable energy comes with roadblocks Banks in Asia and the Philippines are moving at a snail’s pace in defunding coal. At least 10 Philippine banks gave $841 million in loans and participated in $1.3 billion worth of underwriting activities involving at least five coal companies since the 2015 Paris climate agreement. BY KAROL ILAGAN June 29, 2021...
France General United States Philippine Islands Philippines General Davao City Republic Of
Source: pcij.org

ETI Launch its $350M Tier 2 Sustainability Notes in London Stock Exchange

Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, is pleased to announce that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa. This Tier 2
South Africa United States United Kingdom City Of Nederlandse Financierings Maatschappij London Stock Exchange

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