Congratulations to President Elect Biden & Vice President Elect Harris. With a new administration set to take office, the US has a pathway to boost both national action & global cooperation on climate.
New trustee adds a wealth of fin-serve experience to the Board
UNDP - Climate Bonds event: Bringing you a knowledge sharing platform for developing economies to build small-scale low carbon assets
Save the Date
On November 26 & 27th we invite you to join us for an exciting 2 –day webinar series with United Nations Development Program (UNDP) & the Climate Bonds Initiative, supported by Global Environmental Facility (GEF), on the opportunities for directing investments in small-scale low carbon assets in developing economies. Presenters & Panelists from Albion Capital, the Milken Institute, EcoForge, & Climate Policy Initiative and many more!
On 20th October, European Union (EU) sold EUR17bn worth of social bonds, the largest such labeled transaction so far. The deal comprised of a EUR10bn 10-year, and a EUR7bn 20-year offering aligned with the ICMA Social Bond Principles (SBP). The pair of bonds were issued under the Support to mitigate Unemployment Risks in an Emergency (SURE) programme first proposed by the EU in April 2020.
In his first parliamentary address last Monday as the new Japanese Prime Minister, Yoshihide Suga committed the country to a target of net-zero emissions by 2050.
Suga commented that “Responding to climate change is no longer a constraint on economic growth”. Absolutely right.
He added that “taking assertive measures against climate change will lead to changes in industrial structure and the economy that will bring about growth”. I.e. going green will mean economic growth.
Central Arkansas Water (CAW) is due to post a US$30.6 million green bond on Oct 19th. Certified under the Climate Bonds Water Infrastructure Criteria – the new bond is the first of its kind to acquire and protect forests specifically to secure clean drinking water.
A transition to a low carbon economy is only possible with a vast scale up in the production and use of green hydrogen. This was one of the strongest messages arising from the recent Climate Bonds Green Transition conference.
