The European Bank of Reconstruction and Development (EBRD) is, according to a friendly source, planning a new $250 million, 4.5 year bond under their "Environmental Sustainability" bonds program. SEB and Morgan Stanley are currently testing investor demand on behalf of the bank.
The proceeds of the bonds go towards investments in energy efficiency, clean energy, water management, waste management, sustainable living, environmental services and sustainable public transport. See their FAQ for more details. These criteria are consistent with Climate Bond Standards inclusions (revised guidelines will be released in NYC later this month), so we'll be calling this a climate bond.
If your fund is interested to know more, let me know and I'll make the necessary introductions.
