Today, the Bioenergy Technical Working Group released their proposed eligibility criteria for bioenergy projects that qualify under the Climate Bonds Standard. The criteria are now subject to a 60 day period of public consultation. You can submit your comments on this page or via email.
Climate Bonds Blog
Posted: Mar 17, 2015
Climate Bonds Standard criteria for bioenergy investments released for public comment. Expert Committee reps included FAO, NWF, IINAS, Uni British Columbia
Posted: Mar 17, 2015
Water scarcity represents the most significant risk imaginable — to businesses, whole economies, and the ecosystems that provide the natural capital for those economies.
Let’s take Brazil for example. Just last month, the country - with a population of 200 million people - experienced severe blackouts after a large hydroelectric power plant in the state of Rio de Janeiro switched off when water levels dropped below the operational limits – a worrying sign when 70% of the country’s power supply is produced by dams.
The current drought in Brazil illustrates why water projects will increasingly need climate adaptation components: The Climate Bonds Water Standard will provide definitions for such green water investments
Posted: Mar 16, 2015
Tom Baumann Chairs ISO TC207 SC7, the International Organization for Standardization’s committee developing climate change related standards.
Tom Baumann, Chair ISO GHG management standards c'ttee, joins Climate Bonds Standards Industry Working Group
Posted: Mar 13, 2015
A number of important green bonds market developments in February meant a buzzy month for the media coverage. The trending topics were India’s first green bond, Deutsche Bank’s €1 billion green bonds commitment and Oslo Stock Exchange green bonds listing. We have also seen the role of the governments in scaling up the market highlighted in a number of articles.
Business News Network, Buy green bonds, feel good about yourself
Andrew Bell of Canadian Business News Network's 'Commodities' interviews Climate Bonds Initiative CEO Sean Kidney.
Feb GB media stories: IFR, Investment & Pensions, Bloomberg, Banking Today, Dagens Næringsliv, Cities Today, Europe’s World, BNN +more.
Posted: Mar 12, 2015
‘Global Forum for the expanding Green Bonds Market’ is coming to London on 29 April, co-hosted by the Climate Bonds Initiative. This is practical event focused on issuers and investors, with a number of interactive panel sessions on private placement market, new bond structures, new potential areas for investment, Standards, Green Bond Principles and more.
Reminder: 4 days left to register for Global Green Bonds Forum special £455 discount for you, a Climate Bonds Friend. Except if you're an issuer or investor - then it's Free (what a deal!) 29 April, London.
Posted: Mar 10, 2015
The green and climate bonds covered in this week’s blog are: Florida’s second green municipal water bond, an unlabelled climate bond for SolarStar in California and an unlabelled climate bond for transmission links for off-shore Wind in the UK. In other market development news; UK’s Labour Party proposes green retail bonds as an elction policy, Swedish insurers SPP will establish a green bond fund and IFC supports the growth of an Indian green bond market.
Municipal issuance
Florida's City of Venice issues $15.4m green muni bond; 1-25yr tenor, AA, 2-5% coupon
Weekly Update: Florida's City of Venice issues $15.4m green muni / Solar Star Funding $325m & Gwynt y Mor £339.2m ($524m) / UK Labour promotes retail green bonds / Sweden SPP green bond fund / IFC supports green mkt in India
Posted: Mar 7, 2015
Leading Dutch fund manager ACTIAM has joined the Climate Bonds Partner program. ACTIAM (formerly SNS Asset Management) has assets of EUR 46.8 billion (US$53 billion) under management.
Erik Jan van Bergen, Chief Investment Officer at ACTIAM, said:
EUR 45bn fund manager ACTIAM becomes a Climate Bonds Partner, confirms commitment to EUR 1bn portfolio of green bonds
Posted: Mar 5, 2015
Join us in London on 29 April 2015 at the ‘Global Forum for the expanding Green Bonds Market’.
This will be a practical event focused on investors and issuers.
It’ll be an interactive with panel discussions on private placement market, new bond structures, new potential areas for investment, Standards, Green Bond Principles, the role of development agencies & the public sector and more. There will be ‘how to’ insight as well as networking opportunities.
I’ll chair the event and you’ll have a chance to hear from:
Invite: Green Bonds Forum London 29 April– World Bank, IFC, EIB, Aviva, AP4, Unilever, ICMA +more! Co-hosted by Climate Bonds. Free for issuers & investors. Register by 15 March to get £455 discount!
Posted: Mar 3, 2015
North Rhine-Westphalia is the most populous state in Germany, as well as the fourth largest by area. It's still not clear whether it's a green bond or an "SRI" bond; whichever, it'll be the first from a German State.
NRW Bank will come to market with a green bond again in Sept/Oct (and will soon release their green bond's first year report).
Oops! I meant North Rhine Westphalia, the State not the Bank, is about to do a bond.
Posted: Mar 3, 2015
EIB taps EUR400m from 2019 AAA Climate Awareness Bond — and prices at a negative yield!
Weekly Update: EIB EUR400m ($450m) GB @negative yield! / India’s 1st GB from YesBank closes @INR10bn ($161m), 2x initial / DeutscheBank makes EUR1bn GB commitment / North Rhine-Westphalia brewing / Thai Govt oilco to issue GB