Climate Bonds Blog

Last winter we noted the rise of the corporate green bond; this seems to be the winter of the green muni (municipal) bond. The past few weeks have seen three green munis totalling $328m, from across United States. The bonds have quite a bit in common; all from first-time green bond issuers; and all use proceeds for water projects.

The headlines:

While October saw lots of exciting 'firsts' in the green bond market that created a media buzz, another topic that kept popping up was the discussion on ‘to standardise or not to standardise’. And after S&PDJI, Barclays/MSCI and Band of America launched their green bonds indices in November, the market started talking about green bonds going mainstream.

Below are selected articles from the last two months of media coverage. Note that we don’t include individual bonds reviews here.

It’s warm and tropically humid in Lima, Peru, where I’m visiting for a week of climate finance meetings and conferences revolving around the UN Climate Change negotiations. Expectations from the conference are low, but there's a lot about other ways of mobilizing private sector capital - give the scale of the investment challenge, that's the main game.

日本有数の証券会社である野村證券がClimate Bondsパートナーとなった。(for our Japanese readers)

野村証券でHead of EMEA Syndicateを務めるNick Dent氏は以下のようにコメントしている。

「我々はClimate Bonds Initiativeとともに、関係のある全ての市場においてグリーンボンド市場を成長させることを約束する。我々は急成長を見せるグリーンボンド市場の持続的な拡大を確保し、市場参加者へグリーンボンドの投資・起債情報を伝えるためClimate Bonds Initiativeを重要なパートナーとして認識している。」

Climate Bonds InitiativeのCEO、Sean Kidneyは以下のようにコメントしている。