Climate Bonds is delighted to present the first Certified shipping project under the Climate Bonds Standard. The New Zealand-based transport operator KiwiRail has Certified a NZD350m (USD246m) loan facility to finance the purchase of two new battery-powered Interislander ferries.
In the second of our ‘Countdown to COP’ briefings, the Climate Bonds Policy Team examine the EU’s extension of carbon pricing policies into the economic and trade arena through the Carbon Border Adjustment Mechanism (CBAM). We delve into the implications of this shift and suggest what action should be taken at COP26 to best make use of this major, but underused emissions reduction tool.
Building momentum over a decade
We are in a defining decade and there’s no time to waste. That was the message of the Climate Bonds Conference 2021, where we focused on the Green Window of Opportunity to reach 2030 climate targets.
The global green and sustainable bonds market has rapidly grown (expected to get close to USD 2 trillion outstanding by the end of the year) and other sustainability-driven financial products including funds and ETFs have become an important part of the investment landscape. This has driven the growth of detailed guidance around what constitutes a qualifying investment to hold the title “green”.
The Electrical Grids and Storage Criteria continue further expansion of green definitions under Climate Bonds Standard
From Saudi Arabia to Brazil to Africa: While our staff will not be speaking at physical events, they will still be appearing.
On track for a record $500bn green in 2021 
The powerful toolkit of the central bank, lying beyond the often-lethargic legislative process, is increasingly being recognised as a key agent in affecting climate action. And this action is swiftly needed. As COP26 looms ever closer, the Climate Bonds Policy Team outlines what they hope may come from central bank attendees.
Exceeding Expectations
