greenenergy – Eter Climate

Continuing with the 2022 posts, in October 2022 we want to highlight 5 big news that have occurred.
On the one hand, the Swiss federal government finalizes the first inaugural issuance of $776 million in green bonds, these bonds are part of the 2050 zero emissions target and have been mainly split into two tranches of CHF 4.3 million in transportation and CHF 900 million in agriculture.
It was also announced this October that impact investment assets under management worldwide have reached $1.164 trillion, according to the estimate of a new report by the The Global Impact Investing Network Network (GIIN), surpassing the $1 trillion mark for the first time.
In addition, Macquarie Group Asset Management is funding Italian operator @Green Bidco Spa with $100 million through its Green Investment Group (GIG) investment platform. This acquisition reinforces Macquarie Asset Management’s commitment to manage its portfolio in line with the net zero target by 2040.
In this line Macquaire has acquired 140GWh through its investment in r.e. This moves positions it strongly in the European and global market. In the biofuel and Biomass business.
As last news to highlight, Ørsted and WWF join forces to ensure Biodiversity in the marine environments where Ørsted is developing its offshore projects.

Link
https://www.esgtoday.com/switzerland-issues-inaugural-766-million-green-bond/
https://www.esgtoday.com/impact-investing-passes-1-trillion-for-first-time-report/

https://www.esgtoday.com/macquarie-backs-renewables-developer-falck-with-e100-million-financing/
https://www.esgtoday.com/orsted-wwf-partner-to-address-biodiversity-impact-of-offshore-wind-deployment/

Continuing with our analysis, in February 2022, 3 relevant events occurred regarding climate change. At the beginning of the month, the Bank of England launched a second round of climate stress tests for both insurers and large UK banks. This second round seeks to understand the challenges posed by climate risks to banks’ business models and to gauge their possible responses.
As a second piece of news, the Mizuho financial group launched a $500 million green bond in February to finance any green project in line with its sustainable financing plan.
Finally, and as a third remarkable news, the major energy company Iberdrola announced a 10 billion investment plan for 3 offshore parks of 2,800 MW in Massachusetts, seeking to double its renewable energy capacity in the U.S. and reduce CO2 emissions. All this launch is aligned with Iberdrola’s 2020 plan to invest 75 billion.