Tag: Climate change

Commerzbank’s Alexander Rost explores the role of banks in Bangladesh’s development for Trade and Forfaiting Review

Bangladesh’s economic story is remarkable. The country’s poverty rate has halved since 2000, and its development target of becoming a “middle-income economy” by 2021 has already been met. Bangladesh is therefore looking forward to a brighter future. But securing that future means Bangladesh needs better infrastructure to diversify exports, maintain trade, and ensure a stable …

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S&P reports on the effect of environmental and climate risks on corporate ratings in Environmental Finance

Rising environmental and climate risks are likely to increase related credit rating actions in the coming years, according to S&P’s recent report in Environmental Finance. Looking back, the report reveals that, so far, the lion’s share of changes to ratings have occurred in the oil refining sector, regulated utilities, and unregulated power and gas subsectors. …

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S&P examines the rise of responsible investing in Global Capital

Mike Wilkins, managing director of infrastructure finance at Standard & Poor’s (S&P), talks to Global Capital, about responsible investing and the increasing use of the Environmental, Social and Governance (ESG) approach. He goes on to explain that while S&P have the tools in their methodology to account for environmental and climate risk, they are continuing …

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Powering projects; the focus of S&P’s October Outlook

In October’s Infrastructure Outlook – Standard & Poor’s monthly newsletter rounding up all the key ratings updates and research relevant to infrastructure and project finance – Karim Nassif, an associate director based in Dubai, examines how some corporate and infrastructure companies in the Gulf Cooperation Council are suffering on the back of low oil prices. …

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S&P tells Environmental Finance “Climate change is set to test corporate credit”

Climate change is becoming a bigger concern for businesses around the world. Miroslav Petkov and Michael Wilkins at Standard & Poor’s explain that this is because scientific evidence suggests the world will experience more frequent and extreme climatic events in the future, in which companies’ existing insurance and overall disaster risk management measures could prove …

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Climate change is a growing issue for corporates, S&P tells Infrastructure Investor

A recent Infrastructure Investor article on the impact of climate change to corporate creditworthiness included S&P’s view that natural catastrophes will increasingly affect companies’ credit quality – and subsequently their financial health – if, as scientific evidence suggests, we suffer more frequent and extreme climatic events. Please click here to read the full article. (Please …

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Corporates’ mitigating tactics to natural disasters are no longer enough, argues S&P

In Standard & Poor’s report titled ‘Climate Change Will Likely Test The Resilience Of Corporates’ Creditworthiness To Natural Catastrophes’, Michael Wilkins and Miroslav Petkov argue that corporates would be wise to consider the impact of natural disasters, such as floods and earthquakes, to their credit quality – especially considering that the economic cost of natural …

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