Join us in Hong Kong at the breakfast briefing on the emerging green bond market in Asia co-hosted by the Climate Bonds Initiative and ASrIA.
The morning talk with Sean Kidney, CEO and Co-founder of the Climate Bonds Initiative, will revolve around the rapidly changing landscape of the green bond market and consider where the opportunities lie in Asia and how we can realize them.
You’ll also have a chance to hear from a surprise panel of representatives of major banks.
Event Details:
This week Dutch transmission grid corporate TenneT broke this year’s record for largest green bond issuance with an impressive EUR1bn deal. ABN Amro (EUR$500m) and ANZ Bank (A$600m) issued very successful Certified Climate Bonds (blogged separately); the first green bond from Eastern Europe was issued by Nelja Energia; and Belgian waste company Shanks Group also came to market with a EUR150m ($167m) green retail bond.
Netherlands State-owned bank ABN AMRO has just closed a EUR500m ($556m) green property bond deal – the first euro zone green bond to be certified under the Climate Bonds Standard and now the largest Certified Climate Bond. Fantastic!
Today, the Climate Bonds Standard for Low Carbon Buildings was officially launched at the 8th annual RI Europe 2015, an investor-focused event held in London.
Green and climate bonds are where the proceeds go to projects or assets important to addressing climate change. The Climate Bonds Standard is a FairTrade-like labelling scheme for those bonds.
By Justine Leigh-Bell, Manager of Standards and Certification Scheme
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2015年第一季度内，市场上合共发行44宗绿色债券(总计72 亿美元)。虽然1月份发行数量较少，但随后市场逐步增长，单计3月份市场共发行了三倍于1月份的绿色债劵。按照目前市场上正准备发行的绿色债劵数量，以及预期市场于第三及第四季度将会因联合国气候变化公约缔约方会议(UN COP)变得更加炽热，我们预测2015年将是有史以来绿色债劵发行量最高的一年。
绿色债劵市场将从缓慢的第一季度快速增长
London, Monday 8 June: Climate Bonds Roundtable on Green Securitisation
Green securitisation can address the low-carbon financing gap by allowing smaller scale assets to be aggregated to access the bond markets. This can provide access to capital at scale, and lower the cost of capital. To tap into the potential of green securitisation, policymakers can play a role in addressing barriers that currently exist in the market, mainly around getting financially attractive green ABS deals to investors. The role of policymakers can include supporting standardised loan contracts for relevant green assets; warehousing and credit enhancement.
Today, Australia and New Zealand Bank (ANZ), Australia’s third largest bank, closed their A$600m ($464m) inaugural green bond deal – and the largest Certified Climate Bond to date. The 5-year bond has a semi-annual coupon of 3.25% and is rated Aa2e/AA-. ANZ was underwriter of the bond.
This week we have a lot of exciting green bond gossip about a strong pipeline of really diverse issuance coming through.
Municipal bonds
Second green issuance from Stockholms Lans with SEK 1.8bn ($215) green bond in two tranches (SEK1.5bn, 6yr, 1%, AA+ and SEK300m, 6yr, £MS+32BPS, AA+)
Green Bonds in April have seen new currencies, new issuers and the first ever green covered bond.
