Bloomberg reports new issuance via London Branch of giant Indian bank
State Bank of India, India’s largest banking institution has announced plans to issue an inaugural USD benchmark green bond in the Reg S market. Green Banking and Sustainability have long been areas of priority for the lender and in an early delineation of this approach, SBI had enunciated its Green Banking Policy a decade back.
India is turning green
Next week in London, Climate Bonds is holding a forum on the huge green finance opportunities opening up as India’s national energy and climate plans develop.
Highlights:
The European Commission has convened a Technical Expert Group (TEG) on Sustainable Finance to assist on the implementation of their Action Plan on Financing Sustainable Growth, we will be meeting for the first time tomorrow
During my journey today, I’ve penned a few thoughts to share with Blog readers…
Formation of Technical Working Group first stage in Criteria development for key part of clean energy systems
Further step in Climate Bonds 2018 program to expand reach of the Climate Bonds Standard for green bond investment in new sectors
What’s it all about?
The Climate Bonds Initiative has announced the formation of a new Technical Working Group (TWG) to develop new Sector Criteria to stimulate investment in low-carbon electricity transmission, distribution and storage infrastructure (Electrical Grids).
Why Grids?
Climate Bonds team will be in Central Asia and the Far East this month and the familiar territory of Brussels and Paris.
If you're in London on the 17th don't miss your chance to see CEO Sean Kidney give a keynote address to the Green Finance Initiative Summit at Guildhall.
There's still a few spots left. Otherwise look for our team at the other events. They'll be happy to have a chat.
July 2018 Events
2018 meeting of new Committee: Focus on developing new products and investment pathways for Sustainable Agriculture
What’s it all about?
Highlights:
Climate mitigation and adaptation underpin meeting the UN Sustainable Development Goals
This is the first instalment in a briefing series exploring the synergies between green bonds and the SDGs
London Branch of BoC, 4th Biggest Bank in the World, issues 2nd Certified Green Bond
Continuation of offshore green issuance program
