Canadian banks proudly tout green finance as a way to nudge the country’s corporate giants toward greater environmental sustainability by linking profits to the fight against climate change.
Syndicated lending signed in APAC ex-JP totaled USD 544.8 billion in 2024, marking a 6.8% drop from 2023. The market staged a recovery of 19.9% in the second half of 2024 after the continuous ...
SINGAPORE, Jan 15 (Reuters) - Real estate group GuocoLand (GUOC.SI), opens new tab has secured two green loans amounting to a total of S$1.24 billion ($907.8 million) from Singaporean lenders DBS ...
The Biden administration’s green loan office is shelling out nearly $23 billion to utility companies for green energy development and other projects in its final days. “On January 16 ...
Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars. These weren’t just any loans to ...
The deals comprised a S$1.14 billion green loan, GuocoLand's largest to date, for the refinancing of its latest mixed property development, Guoco Midtown, and another for S$105 million to refinance ...
A joint investigation found that in the past several years, banks have issued over $286 billion in SLLs to major polluters. A wood pellet plant operated by U.K.-based energy company Drax Group is ...
That may sound like a typical “green” loan. But these “sustainability-linked loans,” or SLLs, require little of the same accountability. Companies don’t have to spend the money toward ...
The first is a S$1.1 billion green facility for the refinancing of its latest integrated mixed development, Guoco Midtown. The other is a S$105 million loan for the refinancing of the luxury ...