Climate Bonds Blog

Posted: Dec 9, 2009

There is a real excitement in the air, with some 20 thousand people turning up from every corner of the world and a party atmosphere in the streets. The talk, however, is all climate:

1. Lord Stern in a speech a couple of nights ago talked of the stark choice we face between acting fast or sliding into disaster, and thus how important this Conference was to the future of the planet. Lord Giddens talked of the Copenhagen Conference being, with the sense of pressure for a global agreement and over 100 heads of States turning up, the first real gathering for global governance: an historic event.

COP15: 4 snippets
Posted: Nov 30, 2009

December 2 2009

 

A big rise in borrowing through index-linked and long-dated government bonds would be the most effective action the Treasury could take to help hard-pressed defined benefit pension schemes, according to the industry's trade body.

The National Association of Pension Funds said that 80% of its members saw an increase in the issuance of long-dated and inflation-linked gilts as the government measure that would most help its members.

Pensions experts say protecting schemes against adverse market moves requires the purchase of long-dated and index-linked gilts, since these move in line with pension fund -liabilities.

FT: UK pension funds call for big rise in long-dated gilts
Posted: Nov 25, 2009

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).

 

In late November the UK Conservative's Shadow Chancellor announced that, if they win government, they will set up a Green Investment Bank to:
"design frameworks that provide the certainty and incentives to attract private sector investment in green technologies"

A win: UK Shadow Chancellor Osborne announces green bonds and Green Investment Bank
Posted: Nov 14, 2009

Climate war chest

www.brw.com.au  |  November 5–11 2009 | page 8

“Climate bonds” are the way to ramp up investment in climate-change response, in the same way that war bonds funded military spending in the two world wars, a non-profit group established to promote investment in renewable energy says.

A spokesperson for Climate Bonds Initiative, Sean Kidney, says in response to a recent report highlighting the urgent need for emissions controls that investors need an option to invest in renewable energy without compromising returns.

“They have to be equivalent investments,” he explains.

Climate bonds story in BRW magazine