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.
Climate Bonds Blog
Australia’s first certified Climate Bond was launched today by one of Australia’s four big banks; National Australia Bank (NAB). The bond has been certified under the Climate Bonds Standard; a FairTrade-like labeling scheme for bonds that allows investors to easily prioritise ‘climate-smart’ investments. The bond raised A$300 million and will fund a portfolio of seventeen wind and solar energy farms. It is the first time an Australian issuer has brought a green bond to the local market. The bond's compliance with the Standard was confirmed by Climate Bonds’ approved verifier DNV-GL.
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、
Climate Bonds InitiativeのCEO、Sean Kidneyは以下のようにコメントしている。
Leading Japanese securities house, Nomura, has signed up as a Climate Bonds Partner.
Nick Dent, Head of EMEA Syndicate at Nomura, said:
"We're committed to growing the green bonds market in all the markets we're working in around the world. The Climate Bonds Initiative is equally committed. We see them as a valuable partner in educating the market about opportunities and issues to ensure that market growth is sustainable while being rapid."
Sean Kidney, CEO of the Climate Bonds Initiative, said:
There will be a ‘green bonds insight’ event at the Responsible Investor Americas 2014 conference on 10 December from 12:15 to 16:00. Folks from sell & buy sides, local governments and NGOs will discuss:
The seminar is targeted at finance, public and education sectors. Organised by SUST4IN, a Madrid based network of sustainability experts, it’s 'invite only' but you can request an invitation via the event website – or simply let us know and we will see what we can do.
The forum will explore green bonds opportunities in Brazil, with speakers from the Brazilian Ministry of Finance, Iberdrola and BNDES. If you're in Sao Paulo next week, please do join me.
Due to an overwhelming demand we're opening a second date for the Green bonds 2014 year-end webinar: Green bonds 2014 - how and why the green bond market has trebled in size.
Tuesday, 17 December 2014: London 9 am, Frankfurt 10 am, Jo’burg 11 am, Dubai 1 pm, Delhi 2.30 pm, Jakarta 4 pm, Hong Kong & Beijing 5 pm, Seoul & Tokyo 6 pm, Sydney 8 pm.
Climate Bonds CEO Sean Kidney and Market Analyst Tess Olsen-Rong will discuss market developments in 2014 and prospects going forward. One hour long, free to attend. There'll be time for questions at the end.
Here is a quick summary of two interesting repeat issuances from the last few weeks.
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World Bank issued a USD 50m 2 year callable green bond to meet investor demand from California State Teachers Retirement System (CalSTRS). The coupon is floating at 3-month USD LIBOR + 0.10% per annum. The sole underwriter for the deal was Barclays.
Climate Bonds Initiative and the Network for Sustainable Financial Markets invites you to join a year-end webinar on green bonds on the 16th of December: Green bonds 2014 - Year round up - how and why the green bond market has trebled in size this year
Timing: New York 12 pm / San Francisco 9 am / Chicago & Mexico City 11 am / Sao Paulo 3 pm / London 5 pm / Frankfurt 6 pm
CBI chair Sean Kidney and CBI Market Analyst Tess Olsen-Rong will cover key market developments in 2014 and discuss: