Green Bonds: Mobilising the Debt Capital Markets for a Low-Carbon Transition
The OECD in conjunction with Bloomberg, ICMA and the Climate Bonds Initiative is hosting a Roundtable Event on the 10th December and you’re invited!
Where: OECD Headquarters OECD Headquarters 2, rue André Pascal, 75775 Paris Cedex 16
How to get there: http://www.oecd.org/site/conferencecentre/gettingtotheoecd.htm
When: Thursday, 10th December 2015, from 10:45 – 13:00 (10:15 registration and coffee)
Registration: RSVP here or email berenice.lasfargues@oecd.org
Roundtable Agenda:
10:15 Registration & Coffee
10:45 Keynote remarks:
Welcome: Rintaro Tamaki, OECD Deputy Secretary General;
Presentation: Christopher Kaminker, OECD
Presentation: Lenora Suki, Head of Sustainable Finance Product Strategy, Bloomberg LP
11:15 Partner Remarks: Martin Scheck, CEO International Capital Market Association (ICMA);
Eila Krevi, Head of Capital Markets, European Investment Bank & Chair, Green Bond Principles
Sean Kidney, CEO Climate Bonds Initiative
11:30 Roundtable Discussion: moderated by Simon Upton, OECD Environment Director
- Environmental and climate rationale for need to grow the market
- Views on market growth potential, barriers and enablers
- The role for market participants
- The role for government
- Next steps
13:00 Meeting adjourns
OECD Background Brief to Invitation:
Annual issuance of labelled green bonds tripled from 11 billion in 2013 to reach USD 36.6 billion in 2014, and issuance is expected to grow further in 2015 with USD 33 billion issued by October 2015. The broader climate-aligned bond market was valued at USD 600 billion in 2014.
Green bonds have been the subject of increasing government, investor and media interest and expectations due in part to this explosive growth in the market during 2014, but also to the success of the Green Bond Principles, the self-regulatory initiative designed to promote transparency and disclosure in the green bond market; and the Climate Bonds Initiative’s Climate Bonds Standards; among other market and government-led efforts. The prospect may now exist to align formidable low carbon investment requirements with the trillions of dollars held in global bond markets and in the hands of institutional investors.
In this defining year for climate change policy and low-carbon investment, and in the margins of the end of the final week of COP 21, green bond market participants and their representatives, senior government officials and others will gather for a targeted discussion on the future of the market.
The roundtable discussion will examine the implications of COP 21 as well as the actions that policy makers and the private sector are taking, and need to take, to facilitate and support a green bond market that matures with integrity.
Registrations close soon. Register here.
