It’s been a big couple of weeks with close to $2.5bn of green bonds issued. Digital Realty Trust came to market with a $500m green bond for low-carbon buildings, and Swedish Export Credit Agency became the first European export credit agency to join the green bond market with a $500m inaugural issuance.
Climate Bonds Blog
Posted: Jul 13, 2015
Wkly blog: Digital Realty $500m GB for low carbon bldgs; SwedishExportCredit $500m inaugural GB; more OPIC GreenGuaranties; Latvenergo’s GB green credentials; EuroFIMA climate-aligned bonds; market dvlpts & gossip
Posted: Jul 12, 2015
Last month Toyota closed their second green bond for a whopping $1.25bn. Standard auto loans backed the issuance with proceeds to be used for electric and hybrid car loans; that means it’s more like a corporate green bond, where proceeds from a bond backed by existing (non-green) assets are directed green loans still to be made.
Sunrun issued $111m of solar ABS, and a small unlabelled energy efficiency ABS was also issued by Renew Financial and Citi for $12.58m. Sunrun and Citi/Renew Financial are examples of ABS where the assets backing the issuance are green. This type of green ABS introduces new low-carbon assets to the securitisation market, such as solar leases and energy efficiency loans.
Deep-dive into recent green ABS: Toyota funds EVs & hybrids / WHEEL ABS from Citi & RenewFinancial for home energy efficiency loans / solar ABS from Sunrun
Posted: Jul 11, 2015
¡Uy - Invitación: Bonos Verdes de México, 20 de julio - olvidó el RSVP - es diana.avalos@fco.gov.uk / Here's the RSVP
Posted: Jul 11, 2015
(For those unfortunates who can't read Spanish, an English version is at the bottom of this email)
Pedimos su presencia el día 20 de julio para recibir información sobre el mercado en crecimiento rápido de los Bonos Verdes en la Ciudad de México, donde aprenderán como crecer un mercado parecido en México. Esto también será el lanzamiento en México del informe ‘Bonos y Cambio Climático: El Estado del Mercado en 2015.’
Invitación: Seminario sobre los Bonos 20 de julio 17:00-19:00 + lanzamiento del informe ‘Bonos y Cambio Climático: EL Estado del Mercado en 2015’. Sean Kidney + Asociación de Bancos de México DG Juan Carlos Jiménex + Alcalde Mayor de Londres Allan Yarrow
Posted: Jul 8, 2015
The Climate Bonds Initiative today launches its annual market sizing report ‘Bonds and Climate Change: the state of the market in 2015’. View the report now (A4 version / A3 version).
This report is the fourth edition of the annual Bonds and Climate Change: state of the market report commissioned by the HSBC Climate Change Centre of Excellence.
Report Launch: Climate-aligned bonds universe $597.7bn in 2015! Opportunities for climate-focused investors in transport, energy, building & industry, water, waste & pollution + agriculture & forestry
Posted: Jul 7, 2015
Email katie@climatebonds.net for details.
For the event description see:
http://www.climatebonds.net/2015/06/invitation-frankfurt-8-july-launch-b...
Frankfurt launch of "Bonds & Climate: State of the Market" report tomorrow 12.30 CET - teleconference dial-in available
Posted: Jul 1, 2015
Our annual “Bonds & Climate Change: State of the Market” report will be launched next week 8 July in Frankfurt, hosted by Allianz, 12:30-14:00. Speaker: Allianz Global Investors’ Julien Bras will replace CA-CIB’s Claquin. Allianz Climate Solution’s Karsten Loeffler will MC.
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We’ll be holding a New York City briefing on the report, 8.30-10.00, 24 July and a London briefing 8.30-10.00, 28 July. Both will be hosted by HSBC local offices. Details to come, but you can RSVP now if you like to info@climatebonds.net.
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July talks: 2015 Bonds & Climate Change rpt launch: NYC 24 July, London 28 July, Frankfurt 8 July / Mexico City 20 July / Corrected RSVP email for Brussels 9 July seminar
Posted: Jun 30, 2015
Please join us in Frankfurt on 8 July for a presentation and discussion of the 2015 HSBC and Climate Bonds Initiative report Bonds and Climate Change: the State of the Market 2015. This will be the formal release of the report. The event will be kindly hosted by Allianz Climate Solutions GmbH. The report has been funded by the HSBC Climate Change Centre of Excellence.
Time: Wednesday 8 July, 12.30-2.00 pm
Venue: Allianz Global Investors, Bockenheimer Landstraße 42-44 Frankfurt, Room: Skyline
Invitation: Frankfurt, 8 July, launch of 'Bonds & Climate Change: State of the Market 2015' report, with Sean Kidney, HSBC's Zoe Knight & more; hosted by Allianz
Posted: Jun 30, 2015
The workshop will include:
- Key points from the Financing the Future report for DG Climate that outlines how policy actions in the financial sector can significantly contribute to shifting private capital towards climate-friendly investments
- Proposals for the Capital Markets Union project
Brussels 9 July, 10:00-13:00
Presentations, followed by Q&A and discussion:
- Sean Kidney, CEO of the Climate Bonds Initiative
- Stan Dupree, CEO of 2° Investing Initiative
Mobilising private finance for climate is a policy priority for the European Commission.
You’re invited! 9 July Brussels workshop on 'Shifting Private Capital towards Climate Friendly Investments', including proposals for the Capital Markets Union - at DG Climate
Posted: Jun 29, 2015
今天我在北京参与绿色市场讨论，并与各大商业银行会面。 在中国一切规模都是如此庞大，其中一家银行有超过30万员工和超过1万亿美元资产, 而央行则拥有40万员工！
我和我的朋友在北京市财政局开会 (位处于一楝20世纪70年代的建筑, 有点像我小时候高中学校的大楼) ，该局现正处理一个超过万亿美元的基础设施投资计划（针对新合并的京津冀经济区），受益人口约为120万。
这就像你无意中流浪到一个一切都是超级巨型的国度。
当然，这也是为什么中国的绿色债券市场将是超级大型的原因。
正如你可能记得，我们过去一年一直参与由中国人民银行首席经济学家马骏先生主导、并和UNEP Inquiry into the Design of a Sustainable Financial Market合作的绿色金融市场政策研究项目。
几个月前央行的副行长发布了该项目的研究报告，完成13项行动建议，其中之一: 惊喜！就是在中国发展绿色债券市场。
这些建议与那些被搁置在华盛顿或布鲁塞尔的研究项目不一样 - 他们正在执行！
上周央行的监管部门内部传阅了最新的绿色债券发行条例草案。是的，这将是市场的规范，当中甚至包括了“绿色”的定义。新规定草案将在秋天的某个时候完成编稿，但是由中国各大银行国际分支机构在海外的发行将不需要经过中国人民银行的审批，所以首先发行地有可能是在伦敦或香港（或两者同时）。
中国市场更新：央行正起草绿色债券市场法规;大型商业银行也正轮候发行! (On green bond developments in China)