War in Europe has completely upended the narrative around energy transition. Corporates and their banks are now engaged in a more complex conversation around the production – and financing – of oil and gas to replace Russian supplies. This could translate into more aggressive shareholder action as ESG investors fight to keep their near-term green agenda on track.

Treasury teams across the energy sector need to make better use of data if they are to make sense of a market that is becoming more complex.

The first sovereign sustainability-linked bond has been announced, and it is no surprise that it is coming from Latin America. Investors and bankers will follow Chile’s transaction carefully, but is the issuer’s decision to enter war-spooked markets a sign of confidence or recklessness?

Early in the Covid crisis, CACIB avoided the big equity derivatives losses its local rivals suffered. Chief executive Jacques Ripoll tells Euromoney how the bank plans to take advantage of the rise of sustainable finance, which plays to its long-standing expertise in infrastructure and energy.

A ‘remarkable’ global dollar bond from Airport Authority Hong Kong raises the question of whether any member of the aviation sector should include a green tranche within its funding structure.

The scrutiny of sustainable finance is expected to intensify over the year as stakeholders look for market participants to deliver on environmental promises.

Douglas Flint, former HSBC chair and current chairman of Abrdn, talks to Euromoney about climate change, his hope for the future and how he convinced CEO Stephen Bird to join the firm over fish and chips and a pint in an Edinburgh pub.

Emerging Europe has been slow to join the fight against climate change. Now the region’s biggest banking group is making its voice heard.

A year on from being named financial adviser to Covax, a global alliance set up to deliver two billion pandemic vaccine doses to low-income countries, Citi bankers tell Euromoney about lessons learned, what has been achieved – and if Covax is a success or not.

As COP26 winds up, Euromoney looks at how a big reduction in fossil-fuel consumption might impact the currencies of the world’s leading coal and oil exporters.

Rabobank CEO Wiebe Draijer says that private finance must have a role in financing the transition to a more sustainable, equitable and healthy way of feeding the planet.

Governments have been slow to impose compulsory cap and trade schemes, but if voluntary markets nudge them along, a new asset class could flourish.

It is not enough to have the data, banks also need to bring intelligence and financial analysis to bear in sustainable finance to keep progressing.

Societe Generale has accelerated its transition and is using important mandates to convince its internal and external audiences alike.

The bank’s chief executive has led from the front to create an institution that is more diverse and better reflects the society in which it works.

With a chief executive pushing sustainable finance from the very top, HSBC is leading from the front in the global banking industry’s response to the climate emergency.

The bank is leveraging all its resources to reach six million individuals by 2025. It is well on its way.

The bank’s 10-year ScotiaRise programme has gone from strength to strength, reaching out to indigenous communities and aligning with its truth and reconciliation committee’s work.