Tag: green finance

S&P Global Ratings publishes its latest edition of Infrastructure Finance Outlook magazine

S&P Global Ratings has published its latest edition of Infrastructure Finance Outlook – reviewing the most pressing developments from the global infrastructure sectors from the past quarter. Focusing on disruption, this quarter’s Infrastructure Finance Outlook provides global insights from S&P Global analysts on topics including: the outlook for U.S. utilities amid a sea of industry change; the opportunities …

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S&P Global Ratings’ Michael Ferguson considers the development and prospects of the U.S. green bond marketplace in American Infrastructure

2017 has seen a surge of global green bond issuances. The Climate Bonds Initiative (CBI) quantified the total figure for H12017 at $55.8 billion – representing a $21.2 billion increase from the same period in 2016. Despite the sharp increase in both America’s municipal and corporate issuances this year, the majority of green bond marketplace …

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Ence Energia S.L.U.’s €220 million debt for biomass power generation receives S&P Global Ratings Green Evaluation score of E1/79, covered by the specialist press

Ence Energía S.L.U, the renewable energy division of prominent Spanish biomass energy producer Ence Energía y Celulosa S.A., is seeking to restructure its debt through a €220 million facility to further its biomass power generation business. The green loan received an S&P Global Ratings Green Evaluation overall score of E1/79, reflecting that biomass’ potential to  play …

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Fighting climate change with green infrastructure; S&P’s Michael Wilkins writes for the World Bank Blog

According to NASA, 16 of the 17 warmest years on record have occurred since 2001. So – with climate change high on the global agenda – almost every nation signed the 2015 Paris Agreement, the primary goal of which is to limit carbon emissions and the rise in global temperatures to below 2°C above pre-industrial …

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Turning the golden state green: S&P Global Ratings’ Michael Ferguson writes on green bonds issuances in California for CEM

Despite regulatory uncertainty at the federal level, California is driving an ambitious transformation of its energy sector.  With utility companies mandated to produce half of their electricity from renewable sources by 2030, the state’s energy overhaul has been powered by wind and solar subsidies, and – more recently – by battery technology advances. However, sustained …

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“Paris Agreement climate pledges: Where will the money come from?” S&P Global Ratings’ report covered by the specialist press  

  The 2015 Paris Climate Agreement, so far ratified by 168 countries, formalises nations’ efforts to combat climate change. These targets, however, come with a significant price tag: the total implementation cost for countries that have submitted specific financial figures to meet their Nationally Determined Contributions (NDC) stands at about US$5.3 trillion. S&P Global Ratings’ …

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Commerzbank’s Ruediger Geis sets out a blueprint for a sustainable economy in Trade Ready

In an article for Trade Ready, Ruediger Geis, Head Product Management Trade at Commerzbank, shows how banks can lead the way to sustainable trade – pointing to education, standards and guidelines as important milestones.

On the ICC’s blog, S&P offers its perspective on green finance and COP23

With environmental disasters becoming an increasing risk, businesses and policymakers around the world are sitting up and taking note of the effects of climate change on trade. Spurred by the 2015 Paris Agreement, carbon-reductive practices in energy and infrastructure – and the necessary financing – are rising, with green bond issuance nearly doubling in 2016 …

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S&P explains why “green finance is more than just green bonds” in Environmental Finance

In order for a bond to be included on the green bond indices, it must be labelled “green” by the issuer, at the point of issuance. However, not all bonds that contribute to climate change mitigation are labelled “green” and not all green financings are bonds. Nicole Martin, Managing Director, Green Evaluations, S&P Global Ratings, …

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S&P Global Ratings’ Luisina Berberian considers the promises and challenges of the offshore wind industry in specialist publication

Writing for Windpower Engineering and Development, Luisina Berberian, Associate Director, explains that enhanced technology is driving down the cost of offshore wind power. In the U.K, for example, where the offshore wind industry is relatively advanced, the cost of energy generation from offshore wind projects has fallen by 32% over the past five years. Elsewhere, …

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