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Finance and Risk

cape-town-246070 640The World Bank is launching a Sustainable Development Bond series to raise awareness of the critical role of water and ocean resources. 

Experts from leading global conservation NGO the Nature Conservancy’s have been discussing innovative financing, water security and water stewardship at World Water Week currently taking place in Stockholm.

WWF REPORT WATER STEWARDSHIP REVISITEDInternational NGO WWF is calling for a scale up of collective action globally to tackle water risks – especially through engagement with the financial sector around both risk and opportunity.

S&P Global Ratings has revised its outlook on Thames Water debt from stable to negative - S&P said the revision reflects its view of the water company’s current financial pressure “in the absence of improvement in operating performance.”

 

A new report from NERA Economic Consulting is warning that nationalising UK utilities would cost the British taxpayer around £182 billion. 

Environment Secretary Michael Gove has challenged water companies to increase investment and improve environmental outcomes by 2025.

Pennon Group and subsidiary South West Water have signed new pioneering £80 million green finance deals with Societe Generale Corporate & Investment Banking in London and NatWest for Revolving Credit Facilities (RCF).

GREEN BONDS REPORTThe increasing visibility and use of green bonds is sending a strong signal that sustainable economic development is moving up the corporate agenda, according to a new report by Imperial College Business School and TheCityUK.

EUROPEAN COMMISSION BRUSSELSNew proposals published by the European Commission this morning will require financial entities that manage investments on behalf of their clients or beneficiaries to inform them about how their activities are impacting the planet or their local environment, enabling investors to make more informed investment choices.

mOODYS MAY 2018Moody's ratings agency has changed the outlook on the ratings of four UK-based regulated water companies and one high-yield holding company to negative.

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