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First Glimpse of EU's Green Rules Shows Fight Over Climate Goals


First Glimpse of EU’s Green Rules Shows Fight Over Climate Goals
Bloomberg
2 hrs ago
Jill Ward and John Ainger
(Bloomberg) The European Union is poised to agree its first criteria for green investments on Wednesday, in a move that could set a benchmark for the world to follow.
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The stakes are high: the EU wants to raise up to 250 billion euros ($301 billion) using its first green bonds, and private funding is likely to follow into the approved industries seen helping reach its goal for net-zero emissions. Investors will look to see if natural gas and nuclear power are out yet forestry and bioenergy are in, while companies will face disclosure requirements for their sustainability. ....

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First Glimpse of EU's Green Rules Shows Climate Goal Fight


First Glimpse of EU’s Green Rules Shows Climate Goal Fight
Bloomberg
4 hrs ago
Jill Ward and John Ainger
(Bloomberg) The European Union agreed its first criteria for green investments on Wednesday, in a move that could set a benchmark for the world to follow.
Popular Searches
The stakes are high: the EU wants to raise up to 250 billion euros ($301 billion) using its first green bonds, and private funding is likely to follow into the approved industries seen helping reach a legally-binding goal to eliminate emissions. Forestry and bioenergy are in, while the controversial sectors of agriculture, natural gas and nuclear power have been excluded for now. ....

Bruxelles Capitale , Bas Eickhout , Lewis Grant , Sebastian Mack , Sebastien Godinot , Ronald Van Steenweghen , Joe Biden , Mairead Mcguinness , Maia Godemer , Valdis Dombrovskis , Eu Commission Vice , European Union , Jacques Delors Centre , Bloomberg Stocks , Degroof Petercam Asset Management , Dutch Green , ப்ரூக்ஸெல்ஸ் தலைநகரம் , லெவிஸ் மானியம் , ஓஹோ பிடென் , ம்ர மகிந்நெஸ் , யூ தரகு துணை , ஐரோப்பிய தொழிற்சங்கம் , ப்ளூம்பெர்க் ஸ்டாக்ஸ் , டச்சு பச்சை ,

Booming ESG Debt Helps Spur Record European Bond Sales


Booming ESG Debt Helps Spur Record European Bond Sales
Bloomberg
3/5/2021
Lyubov Pronina and Priscila Azevedo Rocha
(Bloomberg) Surging ethical debt sales are helping to fuel the best-ever start to a year in Europe’s market for new bonds.
Offerings of green, social and sustainability debt make up 17% of this year’s 407 billion euros ($490 billion) in sales, well above the 7% share in the same period of 2020, according to data compiled by Bloomberg. That was capped by Italy’s record-breaking green bond and a Daimler AG deal this week.
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ESG Drive
The trend looks set to continue in 2021 as the European Union issues more social bonds and plans along with Spain and the U.K. to sell debut green bonds. Firms such as German utility E.ON SE that are keen to enhance their eco credentials can use proceeds toward meeting environmental goals, while the number of green investment funds is soaring. ....

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