Paris: Today, at the World Pensions & Investment Forum, Climate Bonds Initiative CEO Sean Kidney launched the Climate Bond Partners program to support investors, issuers and underwriters to grow the green and climate bonds market.
Sean Kidney said: "Our mission is to mobilize trillions from debt capital markets for climate solutions — for a rapid transition to a low carbon and climate resilient economy."
"Growing a large and liquid green bonds and climate bonds market is a key part of that; we're at $50 billion globally, but we need it to be much much larger. We're inviting organizations around the world to join with us to make that happen."
Climate Bond Partners get access to detailed data on bond issuance, market insights and opportunities to collaborate on events, investor education and government lobbying.
Partners are banks, bond issuers, developers, NGOs and investors; and people who want to support the mission - the Climate Bonds Initiative is a registered charity, and donations are tax deductible in the UK.
One of the first to join is Sustainable Low Carbon Transport (SloCaT), a multi-stakeholder partnership of over 80 organizations that promotes development of sustainable transport policies globally.
Cornie Huizenga, Secretary General of SloCAT explains the reason they joined:
SLoCaT’s motivation to partner with the Climate Bonds Initiative stems from a recognition that there is huge untapped potential in the private sector when it comes to funding sustainable, low carbon transport. CBI is doing a great job to put in place innovative mechanisms to tap these resources.
- Access to bonds data, including the latest green and climate bonds, underwriter details and new investment areas.
- Market insights, tailored corporate briefings and advice making the most of opportunities in the market.
- Opportunities to connect with issuers, banks, investors, and other Partners.
- Organizational visibility: use the Climate Bonds logo on organizational material and website.
The Climate Bonds Initiative is a charity registered in England & Wales.