The CEO of Brazil’s beleaguered state oil producer Petrobras, Pedro Parente, talks to Silvia Pavoni about the scandal-riven company's five-year plan to reduce its debts, how it is handling mounting environmental concerns, and what it is doing to cope in an era of low commodity prices.
Latest articles from Climate & Carbon


Will climate change cause the next financial crisis?
September 1, 2017As extreme climate events become more frequent and governments ramp up their commitment to transitioning to lower carbon economies, are financial institutions prepared, or will their unaccounted-for climate risk lead to the next financial crisis? Silvia Pavoni reports.

China pulls into lead for green investment
February 1, 2017China is pulling ahead of Europe when it comes to investing in green projects, while president Donald Trump's scepticism towards climate change is risking the US's status in the field, author and professor Mariana Mazzucato tells Stefania Palma.

Green bond blossoms for Bank of China
January 2, 2017The success of Bank of China's green covered bond issue on the London Stock Exchange has given the bank confidence to follow its commitment to support green industries and build up its strength in this asset class, as Joanne Hart reports.

Pacific Islands build resilience to boost sustainable tourism
January 1, 2017Far-flung from each other as well as their regional neighbours, the Pacific Islands have been hammered by cyclones and threatened by climate change. But their determination to face down challenges and boost tourism in a sustainable way is indomitable, writes Brian Caplen.

The great global energy 'trilemma'
January 1, 2017How to find cheap, sustainable and non-polluting forms of energy is an ongoing challenge for global leaders, who have also to contend with climate change, decarbonisation and political insularity. James King looks at what the future holds within the market.
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The private path to meeting the UN's Sustainable Development Goals
October 19, 2016The chief executive and general manager of the Islamic Corporation for the Development of the Private Sector discusses the role the private sector can play in achieving the UN’s Sustainable Development Goals.

Obvion enters greener territory with RMBS bond
August 1, 2016Dutch mortgage provider Obvion, owned by Rabobank, issued its first ever green RMBS transaction in June 2016. Joanne Hart looks at how it fared in this new market.

SGCIB hails green deal for China’s London Taxi Company
July 1, 2016When China’s Zhejiang Geely Holding Group, owner of LTC, decided to invest £250m in its UK manufacturing capacity for low-emission black cabs, a green bond issue seemed the ideal vehicle. The company chose Société Générale Corporate & Investment Banking as joint global coordinator for a deal that has tapped into investors’ growing interest. Edward Russell-Walling reports.

Impact investing: the social entrepreneurship revolution
January 4, 2016The success of an investment is increasingly defined not just by risk and return but also its impact on society. Silvia Pavoni talks to the investors that demand purpose along with profit, and that are bringing about a revolution in the process.