GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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SRI

Top section

Top section

Strife at COP leaves climate burden on private actors

Oil producers hinder progress, rich countries reluctant to pay
Some borrowers delay financing plans

Climate transition risk? Bring it on

Even the worst scenario of disorderly change would be a boon

Unédic to pour out more bonds to thirsty investors

Ultra-thin spreads to OATs as agency quadruples its programme next year
Some borrowers delay financing plans
Sub-sections
  • The recent floods in western and central Europe could have an impact on covered bond pools. However, despite uninsured losses expected to total in the billions, covered borrowers are likely to remain insulated thanks to the diversification of their pools.
  • CarVal Investors has launched a new CLO platform that looks to advance the sophistication of investing along environmental, social and governance lines in US capital markets.
  • Fixed income investor BlueBay Asset Management has added to its environmental, social and governance (ESG) investment team in London with an external hire and a move from within.
  • SRI
    BlackRock, the world’s largest investor, has upped its game on engaging with companies about environmental, social and governance issues this year, especially climate change, under a new manager. But responsible investment supporters are still hoping for more progress, and that the big investors will make the link between their engagement activities and their support for capital markets issues.
  • SRI
    Electric cables have melted, tarmac buckled, businesses closed. Forests and towns have burned. The western US and Canada are in the grip of a savage drought. It ought to be called a once in a lifetime event; unfortunately, that is unlikely to be the case.
  • SSA
    World Bank has raised $185m in a catastrophe bond to provide financial protection to Jamaica from the economic damage of tropical storms for the next three years. It is among the first cat bonds to be linked to the Secured Overnight Financing Rate.