T. Rowe Price and IFC launch blue economy bond strategy. The new fund aims to invest in sustainable water and ocean projects, catalysing the blue bond market with initial commitments exceeding $200 million from multiple investors, including Xylem and Builders Vision….

EU court allows nuclear and gas in sustainable taxonomy. The EU’s General Court has ruled in favour of including nuclear energy and fossil gas in the EU Taxonomy, dismissing Austria’s objections. The court deemed these sectors can contribute to climate goals under specific conditions….

GreenIT signs €370 million project financing agreement for renewables. The Italian joint venture will use these funds to develop new onshore renewable projects, aiming to reach one gigawatt of installed capacity by 2030. Completion is expected by 2028….

SEC may reassess IFRS use due to ISSB formation. The SEC may review its rules on foreign companies using IFRS standards, following the establishment of the ISSB. Concerns include potential funding diversions and impacts on U.S. firms due to EU regulations….

Vanguard’s proxy voting pilot shows younger, female investors favour ESG. Vanguard’s Investor Choice pilot revealed significant generational and gender differences in ESG-focused voting. Younger investors and women are notably more inclined towards ESG policies, contrasting with older and male investors….

EIB to fund €17.5 billion for SME energy efficiency. The European Investment Bank, with the European Commission, will invest in energy efficiency for SMEs, aiming to support over 350,000 businesses and mobilise €65 billion by 2027 through innovative financial products….

Robeco launches Climate Euro Government Bond ETF for climate-focused investments. The ETF invests in euro government bonds, adjusting country weights based on climate scores and green bond issuance to support countries with effective climate strategies and sustainable infrastructure investment….

Hong Kong expands its sustainable finance taxonomy to include transitions. The Hong Kong Monetary Authority proposes updates to its sustainable finance taxonomy, expanding to include transition activities and new sectors. These changes aim to mobilise capital for decarbonisation and balance environmental and economic goals….

Planet Mark appoints Avital Johanan as Managing Director. She succeeds founder Steve Malkin and will lead the sustainability certification provider’s focus on supply chain management, crucial for businesses aiming for carbon reduction and net zero targets….

Nitricity secures $50 million to expand organic fertilizer production. The cleantech firm aims to scale its low-emission nitrogen fertilizer technology, addressing global greenhouse gas emissions and enhancing agricultural sustainability. The investment supports expansion in the US and Europe….