Please join us in New York on Thurday September 26 for the US launch of the report Bonds and Climate Change: the state of the market in 2013, 12:30pm
Speakers include: Michael Eckhart (Global Head of Environment at Citi), Suzanne Buchta (Managing Director of DCM at Bank of America Merrill Lynch), Curtis Ravenel (Global Head of Sustainability, Bloomberg) and Sean Kidney (Climate Bonds Initiative)
This event is kindly hosted by Bloomberg, a light lunch will be provided.
Please join us for a breakfast event in Toronto on Tuesday September 24 where Sean Kidney will be presenting Bonds & Climate Change: the State of the Market 2013 at The Economic Club of Canada.
The talk will include discussion on:
Join us for a presentation and discussion of the Climate Bonds Initiative report ‘Bonds & Climate Change: the State of the Market 2013’, commissioned by HSBC.
The webinar will include comments from Nick Robins (HSBC) and Sean Kidney (Climate Bonds Initiative) on current findings as well as hurdles and future potential. There will be time for questions and discussion.
The webinar is kindly hosted by the Principles for Responsible Investment
Report findings:
Nedbank's Green Savings Bond is a bog-standard bank offering for retail customers, except that funds are channelled to financing renewable projects under the South African Government's ambitious sustainable energy policy.
The Solar Technical Working Group under the Climate Bond Standard and Certification Scheme have today published criteria for solar assets for bond certification.
The criteria are now subject to a 30 day period of public consultation - if you're interested you can comment on this page (see below). You can also see read the background paper and rationale for the criteria.
China's State Council, the Chinese Government's cabinet, last week published an important and comprehensive plan to maintain a 15% annual growth for low carbon and environmental protection industries - with an important extra element.
The plan talks about opening up debt instruments as a means of financing growth in this area and proposes:
Three weeks after adopting a new energy policy that axes coal lending, the World Bank is back with a new $550m, 2 year Green Bond, AAA. The bond coupon is 0.375%, slightly better than US Treasury bonds. (Rates sure a low, aren't they!)
Join us for a presentation and discussion of our Bonds & Climate Change : the State of the Market 2013 report, commissioned for HSBC.
This webinar is kindly hosted by the Principles for Responsible Investment
Time: Sydney 17:00 / Hong Kong 15:00 / Delhi 12.30 / Dubai 11:00/ 9.00 Joh’burg / London 8:00
Login details:
The Climate Bonds Initiative is looking for an energetic person to coordinate the Climate Bonds Standards program (governance, working group management, technical briefings, consultation, preparing information materials and providing advice to prospective issuers), and manage a other projects as opportunities arise.
We're a small team, so flexibility and self-direction are important. The position is based in London, UK. Salary: competitive NGO rate. Start: September.
Essential: depth of knowledge of low carbon and climate resilient solutions across economic sectors; self-direction; experience working internationally; flexibility and ability to act quickly.
FinanceAsia reports that China's state-owned Longyung Power, the country's biggest producer of wind power, has issued a 3 year, $300m bond, with a yield of 3.43%. The bond was under-subscribed; they had targeted $350m.
Buyers were 43% banks, 45% fund managers, 6% central banks and sovereign wealth funds and insurance funds, private banks 4% and insurance and pension funds only 2%. Goldmans Sachs and Wing Lung were the joint global coordinators, with Agriculture Bank of China, Citic Securities, Morgan Stanley and UBS all involved in the sale.
