-

KBRA Releases ESG Research – COP29: Key Takeaways

NEW YORK--(BUSINESS WIRE)--KBRA releases research on the key takeaways from the 29th annual United Nations Climate Change Conference of the Parties (COP29), held on November 11-22 in Baku, Azerbaijan. The report highlights major developments at COP29, including progress in climate finance, evolving debates over fossil fuels, and ongoing challenges in balancing equity and global collaboration.

Global leaders, activists, and policymakers gathered for COP29, which had high stakes given the mounting climate pressures after a record-breaking year of global warming. Discussions focused on some of the most pressing challenges such as how to scale up climate finance, the contentious role of fossil fuels, and the ongoing struggle for equitable solutions. KBRA monitored the proceedings closely, given the significant implications for climate investment and the global transition to a low carbon economy.

Click here to view the report.

Related Publication

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1007128

Contacts

Arianne Schreier, Associate Director, ESG
+1 646-731-1345
arianne.schreier@kbra.com

Pat Welch, Chief ESG and Ratings Policy Officer
+1 646-731-2481
patrick.welch@kbra.com

Media Contact

Adam Tempkin, Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

Business Development Contact

Andrew Foster, Director
+1 646-731-1470
andrew.foster@kbra.com

Kroll Bond Rating Agency, LLC

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Arianne Schreier, Associate Director, ESG
+1 646-731-1345
arianne.schreier@kbra.com

Pat Welch, Chief ESG and Ratings Policy Officer
+1 646-731-2481
patrick.welch@kbra.com

Media Contact

Adam Tempkin, Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

Business Development Contact

Andrew Foster, Director
+1 646-731-1470
andrew.foster@kbra.com

Social Media Profiles
More News From Kroll Bond Rating Agency, LLC

KBRA Assigns AA+ Rating to State of Illinois, Build Illinois Bonds (Sales Tax Revenue), Junior Obligation Series A and B of June 2026; Affirms Parity Debt; Stable Outlook

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois (the "State"), Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A and B of June 2026 (the "Junior Bonds"). KBRA additionally affirms the long-term rating of AA+ with a Stable Outlook for the State's outstanding parity Junior Obligation Build Illinois Bonds. Key Credit Considerations The rating actions were because of the following key credit considerations: Cr...

KBRA Comments on Lawsuit Filed by Pagaya Against Klarna

NEW YORK--(BUSINESS WIRE)--On May 13, 2026, Pagaya Technologies Ltd. (“Pagaya”), together with certain affiliates, filed a lawsuit against Klarna, Inc. (“Klarna”) and Klarna Group plc in the U.S. District Court for the District of Delaware. The lawsuit relates to alleged misappropriation of intellectual property and trade secrets under the Defend Trade Secrets Act of 2016. KBRA maintains ratings on two revolving ABS transactions backed by “buy now, pay later”, point-of-sale consumer loans that...

KBRA Assigns Ratings to TPG Twin Brook Capital Income Fund's $225 Million Senior Unsecured Notes Due 2029 and 2031

NEW YORK--(BUSINESS WIRE)--KBRA assigns ratings of BBB to TPG Twin Brook Capital Income Fund's ("TCAP" or "the company") $50 million, 6.67% senior unsecured notes due June 2029 and its $175 million, 7.03% senior unsecured notes due June 2031. The rating Outlook is Stable. Proceeds will be used for the repayment of secured debt. Key Credit Considerations The ratings and Outlook are supported by TCAP’s ties to TPG Angelo Gordon’s ~$100+ billion credit investment platform, with ~$30+ billion of di...
Back to Newsroom