Climate Bonds Blog

Invitation: Tokyo Mon 7 July, 10:00-12:00. Join me for a presentation to the Japanese Ministry of Enviro C'ttee on Market Creation for Promoting Green Investment

Posted: Jun 29, 2014

Time: 10:00 am- 12:00 pm, Monday 7 July 2014

Venue: TKP Otemachi Conference Center, Hall 16 1-8-1 Otemachi, Chiyoda-ku, Tokyo

A presentation by Climate Bonds CEO Sean Kidney will be followed by a discussion.

Simultaneous interpretation will be available (English-Japanese)

If you would like to come along, send an email to Mr. Nabeshima at green-inv@jp.kpmg.com by Wednesday this week, and include following information: name, affiliation, address (home or business), phone number, and email address.

Participants are kindly requested to bring a printed confirmation email from the secretariat and ID with a photo.

Invitation: Tokyo Mon 7 July, 10:00-12:00. Join me for a presentation to the Japanese Ministry of Enviro C'ttee on Market Creation for Promoting Green Investment

Dutch water utility NWB issues EUR500m ($680m), 5yr AAA green bond. And yes they have clear climate-related criteria. Yahoo!!

Posted: Jun 27, 2014

By Rozalia Walencik and Sean Kidney

Nederlandse Waterschapsbank (NWB), a Dutch bank that lends to public sector and social entities, today announced its first green bond at EUR500m. NWB is rated Aaa (negative) / AA+ (stable). Bookrunners were Rabobank, SEB and HSBC.

The bond had an initial target of midswaps plus 10 basis points. In the end orders were very strong, and after only two hours there were $1.8bn of orders for $680m issued.

Dutch water utility NWB issues EUR500m ($680m), 5yr AAA green bond. And yes they have clear climate-related criteria. Yahoo!!

Invitation: London Wed 2 July lunch talk with Sean Kidney+Nick Silver: "Climate Bonds: a significant development in the Debt Capital markets?" with the Chartered Institute for Securities & Investment

Posted: Jun 27, 2014

This lunchtime talk with Sean Kidney and Nick Silver is co-hosted with the Chartered Institute for Securities & Investment.

Time: 12:30- 14:00, Wednesday 2 July 2014, Venue: Shearman & Sterling, 9 Appold Street, London, EC2A 2AP

Overview: Climate bonds are not just securities for financing green energy projects – this $356bn market is developing rapidly and has a clear ethical bent. Come and learn what Climate Bonds are, how this market is growing as well as the prospects for both Climate Bond certification and sector indices.

Speakers

Invitation: London Wed 2 July lunch talk with Sean Kidney+Nick Silver: "Climate Bonds: a significant development in the Debt Capital markets?" with the Chartered Institute for Securities & Investment

Colin Purdie, head of institutional credit @ £260bn Aviva Investors, speaks out on fiduciary duty & climate change, why green standards are needed & mainstream appetite for green bonds

Posted: Jun 26, 2014

GBP260 billion Aviva Investors is one of the gorillas of the investor world. Speaking at Monday's Environmental Bonds conference in London, Aviva's Head of Instituional Credit,

Colin Purdie, head of institutional credit @ £260bn Aviva Investors, speaks out on fiduciary duty & climate change, why green standards are needed & mainstream appetite for green bonds

Invitation: webinars on new Climate Bonds Green Property Eligibility Criteria - 1 July + 3 July - special times for USA, EU, Asia

Posted: Jun 24, 2014

Our Climate Bonds Green Property (expert) Working Group last week published for comment their proposed eligibility criteria for property investments to be certified under the Climate Bonds Standard.

We're holding a series of webinars to run through the proposed criteria and seek feedback.

The webinars are being co-hosted with:

Invitation: webinars on new Climate Bonds Green Property Eligibility Criteria - 1 July + 3 July - special times for USA, EU, Asia

NY State Enviro Facilities Corp issues $213m, 25/30yrs, AAA water bond, opens up a big question: is clean water by default 'green'? What about climate change, energy? Phew, NY has a good plan!

Posted: Jun 22, 2014

By Bridget Boulle and Sean Kidney

NY State Enviro Facilities Corp issues $213m, 25/30yrs, AAA water bond, opens up a big question: is clean water by default 'green'? What about climate change, energy? Phew, NY has a good plan!

Vornado Realty $450m, 5yr, BBB, green property bond kicks along US market; but we need more ambition to help fix climate

Posted: Jun 22, 2014

By Bridget Boulle and Rozalia Walencik

Last week Vornado Realty (BBB) became the second US real estate investment trust to issue a corporate green bond, following the Regency Centres bond late last month. The 5 year, $450 million bond was structured by Bank of America Merrill Lynch. Pricing was in line with non-green bonds.

Vornado Realty $450m, 5yr, BBB, green property bond kicks along US market; but we need more ambition to help fix climate

Green Property definitions for the Climate Bond Standards out for comment. Involves market specific benchmarks, esp. useful for property portfolios in big cities, driving $150bn p.a. mkt

Posted: Jun 19, 2014

London: the Climate Bonds Green Property Working Group of international experts today published their proposed rules as to what buildings can be used to issue Certified Climate Bonds. Climate Bonds and Green Bonds are where the bond proceeds go to assets important to addressing climate change. The new rules will help investors better understand the low carbon integrity of green building investments. They are part of the Climate Bonds Standard, a FairTrade-like labelling scheme for bonds.

Green Property definitions for the Climate Bond Standards out for comment. Involves market specific benchmarks, esp. useful for property portfolios in big cities, driving $150bn p.a. mkt

IFC issues RMB500m ($47m) green bond for climate investments. FT calls it "another step forward in internationalising China's currency"

Posted: Jun 18, 2014

The bond will be used to support climate-friendly investments in emerging markets.

It's the first green bond issued by a multilateral institution in the offshore Chinese markets. The bond, which yields 2%, saw demand from investors in Asia and Europe. HSBC is the sole lead manager for the bond.

http://ifcext.ifc.org/ifcext/pressroom/IFCPressRoom.nsf/0/FC77F4FC845140...

http://www.ftadviser.com/2014/06/17/investments/fixed-income/renminbi-de...

IFC issues RMB500m ($47m) green bond for climate investments. FT calls it "another step forward in internationalising China's currency"

China’s CGN Wind issues RMB1bn ($161m) 5yr green bond with carbon-linked coupon

Posted: Jun 15, 2014

China's CGN Wind has issued a one billion yuan, five year bond to finance wind energy developments in Inner Mongolia, Guangdong, Xinjiang and Gansu. Unusually, the interest rate uses a combination of "fixed rate + floating rate", with the floating rate tied to China Certified Emission Reduction (CCER). They called it a “carbon bond”.

China’s CGN Wind issues RMB1bn ($161m) 5yr green bond with carbon-linked coupon

Search form

Climate Bonds Blog