Europe’s sustainable finance market experienced “rapid” growth during the first half of 2019, despite a challenging end to 2018, new analyses have concluded this week. H2 of 2018 was widely regarded as a difficult period for green finance, but the market is showing signs of resurgence The first of these analyses comes from Bloomberg New Energy Finance’s (BNEF) Sustainable Finance Market Outlook for the second half of 2019. According to this report, Europe accounted for almost half (48%) of global sustainable debt insurance between January and July this year, with growth driven by both the corporate and government sector. Indeed, BNEF is predicting that at least $380bn of sustainable debt finance will be provided during 2019, after a record H1. “The sustainable debt finance market is growing in volume, scope and popularity,” BNEF’s analysis states. “Record volumes of sustainable debt came to market in 1H 2019 – and the first half of the year is typically quieter than the second.”
Chatham House has launched an online tool to facilitate the analysis of circular economy trade flows and trends. The circular economy trade data explorer uses the available data from UN Comtrade, and focuses on resources which are of particular significance to the circular economy. The data explorer organizes over 900 individual commodities into primary and secondary material categories. Primary materials include raw and intermediate bioeconomy products, including renewable resources from land and sea used for food, feed, construction, and bioenergy generation. Secondary materials covered are derived from both renewable and non-renewable resources, and include waste, scrap, and residue, secondary raw materials, and used goods.
Montreal says it plans to introduce a bylaw banning single-use items such as plastics and polystyrene foam containers on its territory by spring 2020.
Spanish food company Ebro Foods has joined CEFLEX, a consortium of companies and associations that represent the value chain of flexible packaging and collaboration, i…