Source: Reuters
Security & Justice
State Action Signals Change in Tackling Longstanding Illegal Land Grabs in Jbeil District
For years, the serene villages of Jbeil's highlands have been far from peaceful. Ghabat, a Maronite village nestled between the predominantly Shiite towns of Afqa and Lassa, has become a focal point of growing tensions due to territorial disputes.
Friday, December 20, 2024
Mawlawi Ensures Strict Monitoring for Wanted Syrian Regime Figures at Beirut Airport
Caretaker Minister of Interior, Bassam Mawlawi, conducted an inspection tour of Rafic Hariri International Airport in Beirut to review the security arrangements and measures implemented by the Airport Security Apparatus ahead of the holiday season.
Thursday, December 19, 2024
Opinion
Lebanon After the Assads
The United States has important equities in Lebanon, including a desire for a generally friendly government’s economic and political stability; security cooperation; long-standing relations with the large Christian community in Lebanon and Lebanese diaspora in the United States; and ultimately peace between Israel and Lebanon within a broader regional settlement. Achieving these objectives will require navigating a tumultuous period in the country’s history following a war between Hezbollah and Israel that has devastated a large part of the country, exacerbating Lebanon’s already challenging economic conditions. But perhaps the most important dynamic will be how a likely Sunni-dominated state of uncertain composition in Syria will differ in its intentions toward Lebanon from the previous Alawite-led minoritarian Assad regime.
Thursday, December 19, 2024
Europe’s Syrian Dilemma
The news of the sudden and unexpected demise of Bashar al-Assad’s regime in Syria has met a mixed response in Europe. The jubilation that a murderous dictator and close ally of Russia and Iran has fallen is not just good for the Syrian people but serves as a morale booster for Eastern Europeans wondering whether Russia can be defeated
Wednesday, December 18, 2024
Sports
Cristiano Ronaldo Unveils New Private Jet Worth $73 Million
Cristiano Ronaldo, one of the richest global athletes, has unveiled his upgraded private jet reportedly worth $73 million. With its top-notch design, exceptional speed and range of 7500 nautical miles, the Gulfstream G650 is among the fastest jets in the world.
Monday, December 16, 2024
Guardiola Accepts Man City May Need to Sign More Players to Cope with Schedule
Manchester City manager Pep Guardiola believes he will need a bigger squad to handle soccer’s ever-expanding fixture schedule.
Saturday, December 14, 2024
Tuesday 3 May 2022 13:43:34
European Green, Social, Sustainable Bond Sales Could Reach 1.6 Trillion Euros in 2026
Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all new bond issuance in the region, according to a new report released on Tuesday.
The study by PwC Luxembourg draws on the accounting firm's forecasts and survey of investors and bond issuers in 2021 and comes as investors are increasingly concerned about climate change and Europe's efforts to shift towards a more sustainable economy. read more
According to the study, European GSS bond issuance will reach 1.4 trillion euros in 2026 under its baseline assumption and 1.6 trillion euros in a high-growth scenario, up from almost 500 billion euros in 2021.
"Sustainability - and particularly environmental - considerations have moved from being a nice to have option to becoming crucial...reflecting new regulatory requirements and changing societal expectations - particularly in Europe," PwC said.
PwC expects new issuance of green bonds to reach at least 691.2 billion euros by 2026, while social bonds will account for 317.1 billion euros and sustainability bonds for 391.8 billion.
The still relatively limited supply of GSS bonds and many investors' willingness to hold them until maturity is hitting secondary market liquidity, which 60% of investors surveyed considered a major concern, the report said.
However, with issuance, both public and private, likely to grow, liquidity constraints are expected to fall "significantly" over coming years, PwC said.
Uncertainty over how money raised by GSS bond sales would be used was a concern for 39% of those surveyed, although the report pointed to regulatory efforts and voluntary guidelines among attempts to mitigate "greenwashing".
The study also showed the public sector will continue to be the main issuer of GSS bonds, with supply forecast to reach 712 billion euros by 2026, up from 266 billion last year.
Corporate issuance, particularly from the non-financial sector, would gain traction, increasing nearly three times to 687.7 billion euros in 2026, it said.
