Climate Bonds Blog

To reach Paris Agreement climate targets, high-emitting industries like steel and cement must rapidly transition their operations to net zero. This transition will be a challenge, but also provides a tremendous opportunity for investors and companies to develop sustainable and resilient industries.

To support this transition, Climate Bonds has produced a new guidance paper outlining the role of policymakers in mobilising private finance to ensure a just transition in steel and cement.

FOR IMMEDIATE RELEASE

SAN FRANCISCO/LONDON: 12 JULY 2024: Next week, the San Francisco Public Utilities Commission (SFPUC) will issue nearly $1 billion in green bonds to upgrade and increase the resilience of its wastewater and stormwater systems. The sale of two series of Climate Bonds certified Green Bonds will finance and refinance capital projects for  San Francisco’s Sewer System Improvement Program (SSIP).

Last week saw the world’s leading climate experts convene in the city for London Climate Action Week (LCAW) to discuss how our economies, companies, and portfolios can transition to net zero for a greener, more sustainable world. Climate Bonds participated throughout the Week to share how investors, issuers, and financial institutions can mobilise the sustainable bond market to finance a rapid and credible transition.