green-investment-bank

How about that: New Jersey has a cool new Energy Resilience Bank! It's basically a green bank with a climate adaptation focus + a big opportunity for green securitisation

A slightly different version of a green bank has just been added to what is a growing list - by the US state of New Jersey with their launch last week of an “Energy Resilience Bank”. Although not branded as green (the New Jersey government is of the climate-denying Republican variety, after all!), this is essentially a climate change adaptation bank, established in response 2012's Hurricane Sandy.

A win: UK Shadow Chancellor Osborne announces green bonds and Green Investment Bank

For the past six months the Climate Bonds Initiative, working with a range of associated groups, has been pressing political parties in the UK to adopt policies for a "Green Investment Bank" and for "Green Bonds". (You can read more about these proposals in our Climate Bonds discussion paper).