Standard Chartered

Countries, Companies Signal Support for Energy Transition Accelerator

Retrieved on: 
Sunday, December 3, 2023

"The Energy Transition Accelerator brings a market-based solution to the table, in turn unlocking billions of dollars for clean energy.

Key Points: 
  • "The Energy Transition Accelerator brings a market-based solution to the table, in turn unlocking billions of dollars for clean energy.
  • EDF is proud to have developed the Just Transition Framework for the Energy Transition Accelerator, guiding it toward a holistic approach with justice and equity at its core."
  • "The Energy Transition Accelerator can make a vital contribution to this transition by mobilizing a new source of climate finance, serving to bring together companies and others seeking to buy high-quality carbon credits with developing countries that are poised to invest.
  • The Department of State, the Bezos Earth Fund, and The Rockefeller Foundation are collaborating for the purpose of developing the Energy Transition Accelerator as an independent initiative.

GIP ASEAN Chapter Launched in Jakarta

Retrieved on: 
Thursday, November 30, 2023

JAKARTA, Indonesia, Nov. 30, 2023 /PRNewswire/ -- The Green Investment Principles for the Belt and Road (GIP) expands its reach into Southeast Asia with a new Chapter launched.

Key Points: 
  • JAKARTA, Indonesia, Nov. 30, 2023 /PRNewswire/ -- The Green Investment Principles for the Belt and Road (GIP) expands its reach into Southeast Asia with a new Chapter launched.
  • The ASEAN Chapter is a key part of GIP's vision to form effective local networks to disseminate knowledge and best practices and to help create green investment opportunities in developing economies.
  • This Chapter will contribute to the growth of sustainable finance in ASEAN via knowledge sharing and capacity building," said Ma Jun, co-chair of the GIP Steering Committee and Chairman of China Green Finance Committee.
  • As next steps, the Chapter will create an advisory council, expand GIP membership and facilitate capacity building and green project matching.

Demand for sustainable buildings and tightening regulations drive business case for investment

Retrieved on: 
Tuesday, November 28, 2023

CHICAGO, Nov. 28, 2023 /PRNewswire/ -- The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL's new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers' and owners' decision-making to create a more resilient and sustainable built environment.

Key Points: 
  • JLL's new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers' and owners' decision-making to create a more resilient and sustainable built environment.
  • In many global markets, rising corporate demand for buildings with sustainability credentials will have an impact on office market dynamics.
  • Historically, green certifications have been the primary mark of sustainable buildings and tenants have been willing to pay the price.
  • Part of building a strong business case will involve understanding the risks of disruption to business operations and potential damage to buildings.

USD40 billion in retail investor capital could be mobilised to combat climate change in the UAE

Retrieved on: 
Tuesday, November 28, 2023

Financial institutions, regulators, companies and individuals must make a concerted effort to establish a wider range of climate assets to drive greater retail participation.

Key Points: 
  • Financial institutions, regulators, companies and individuals must make a concerted effort to establish a wider range of climate assets to drive greater retail participation.
  • Asset managers and banks must also work to innovate new climate assets to match emerging investor interests, such as biodiversity and the blue economy.
  • Financial institutions have a critical role to play in mobilising retail capital via three pillars – empowering investors with information, product customisation and outcome-based information.
  • This constitutes an attractive point for global financial institutions that aim to develop financial products and solutions dedicated to confronting climate change.

USD40 billion in retail investor capital could be mobilised to combat climate change in the UAE

Retrieved on: 
Tuesday, November 28, 2023

Financial institutions, regulators, companies and individuals must make a concerted effort to establish a wider range of climate assets to drive greater retail participation.

Key Points: 
  • Financial institutions, regulators, companies and individuals must make a concerted effort to establish a wider range of climate assets to drive greater retail participation.
  • Asset managers and banks must also work to innovate new climate assets to match emerging investor interests, such as biodiversity and the blue economy.
  • Financial institutions have a critical role to play in mobilising retail capital via three pillars – empowering investors with information, product customisation and outcome-based information.
  • This constitutes an attractive point for global financial institutions that aim to develop financial products and solutions dedicated to confronting climate change.

Cinnamon Wealth: Catalysing Financial Freedom for Women's Empowerment in Personal Finance

Retrieved on: 
Monday, November 20, 2023

DUBAI, UAE, Nov. 20, 2023 /PRNewswire/ -- Women play a crucial role in binding a family together. Cinnamon Wealth advocates for Women's active involvement in shaping their family's financial decisions, recognising that they are both contributors and beneficiaries of the family's wealth.

Key Points: 
  • Cinnamon Wealth advocates for Women's active involvement in shaping their family's financial decisions, recognising that they are both contributors and beneficiaries of the family's wealth.
  • Her conviction was bolstered during the pandemic as she observed how families' indifference to their personal finances exacerbated their hardships.
  • Their involvement empowers women to take control of their financial destinies, ensuring a life marked by both security and personal freedom.
  • The company strives to actively bridge the participation gap for Women in the management of personal finance within their families.

Cinnamon Wealth: Catalysing Financial Freedom for Women's Empowerment in Personal Finance

Retrieved on: 
Monday, November 20, 2023

DUBAI, UAE, Nov. 20, 2023 /PRNewswire/ -- Women play a crucial role in binding a family together. Cinnamon Wealth advocates for Women's active involvement in shaping their family's financial decisions, recognising that they are both contributors and beneficiaries of the family's wealth.

Key Points: 
  • Cinnamon Wealth advocates for Women's active involvement in shaping their family's financial decisions, recognising that they are both contributors and beneficiaries of the family's wealth.
  • Her conviction was bolstered during the pandemic as she observed how families' indifference to their personal finances exacerbated their hardships.
  • Their involvement empowers women to take control of their financial destinies, ensuring a life marked by both security and personal freedom.
  • The company strives to actively bridge the participation gap for Women in the management of personal finance within their families.

Foreign Exchange Market to grow by USD 516.48 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Bank of America Corp., Barclays PLC and BNP Paribas SA, and many more - Technavio

Retrieved on: 
Friday, November 17, 2023

The foreign exchange market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The foreign exchange market is fragmented owing to the presence of many global and regional companies.
  • Download Free Sample before buying
    Bank of America Corp. - The company offers foreign exchange services such as outbound domestic wire transfer and outbound international wire transfer services.
  • Barclays PLC - The company offers foreign exchange services such as Barclays foreign exchange service for personal travel and business transactions.
  • BNP Paribas SA - The company offers foreign exchange services such as Cortex FX's advanced multi-product FX trading platform.

QNB Group announces the successful refinancing OF ITS USD 2 billion senior unsecured syndicated term loan facility

Retrieved on: 
Thursday, November 16, 2023

DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.

Key Points: 
  • DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
  • "This refinancing attracted the interest of global and regional banks and helped us further broaden our investor base.
  • We see this transaction as confirmation of our successful strategy of becoming a leading bank in MEASEA and establishing meaningful relationships."
  • The USD 2 billion facility, with a maturity of three years was well supported by both regional and international banks with substantial oversubscription.

QNB Group announces the successful refinancing OF ITS USD 2 billion senior unsecured syndicated term loan facility

Retrieved on: 
Thursday, November 16, 2023

DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.

Key Points: 
  • DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
  • "This refinancing attracted the interest of global and regional banks and helped us further broaden our investor base.
  • We see this transaction as confirmation of our successful strategy of becoming a leading bank in MEASEA and establishing meaningful relationships."
  • The USD 2 billion facility, with a maturity of three years was well supported by both regional and international banks with substantial oversubscription.