You're invited to two events:
A presentation by DNV on 'How Climate Bonds certification works', 2 May 2013, 10.30am
Recent climate bonds from the IFC and KEXIM show that there is appetite among institutional investors for this type of asset class. However, uncertainty remains about what "climate" or “green” means, particularly where corporate issuers are concerned.
To tackle some of these questions, the Climate Bonds Initiative has supported a Standard against which bonds could be certified: The International Climate Bond Standards and Certification Scheme includes eligibility criteria for different types of projects, and third party verifiers are used to verify bonds against these criteria. The Standard can be seen as a robust screening and preferencing tool that helps investors monitor and verify the climate effectiveness of their investments, and helps issuers define a new investment product.
DNV has been the auditor of the first verification under the Standard. At this meeting they will explain the auditing process that leads to Climate Bond approval, including assurance levels and information requirements. (BTW, the other initial verifiers are KPMG and Bureau Veritas).
Date: Thursday, 2 May 2013, 10.30-12.30. @DNV, Palace House, 3 Cathedral Street, London SE19DE.Numbers limited. Some conference call facilities will be available: let us know.RSVP Pernille.Holtedahl@dnvkema.com
The 2013 Environmental Bonds Conference in London on Thursday, 25 April 2013
A reminder that you can get a 25% discount on registration fees.
You get a good line-up of blue-chip speakers, including Citi’s Michael Eckhart, Allianz’s Karsten Loeffler, EIB’s Jonathan Taylor & Chris Knowles, KfW’s Jochen Harnisch, Credit Agricole’s Tanguy Claquin and of course me, Sean Kidney.
To register go to: http://www.environmental-finance.com/events/view/63#register – and quote the Climate Bonds promo code: EB13/CBI/25. Let me know if you’re going.
