There are several opportunities available to fund projects in each of our three workstreams:
Growing Green Bonds in China
The Chinese Government has indicated its commitment to continuing to develop a green bonds market in China as part of directing capital to urgent environmental projects under its Five Year Plan. The Climate Bonds Initiative is working with regulators and other parties to implement the Government’s objectives.
Green Bond Market Development projects — in India, Mexico, Brazil, South Africa, Indonesia, China, Japan, Canada
Low carbon economic transitions require a huge amount of investment. Developing green bond markets will be an important part of chanelling that investment from both international and domestic investors. Green Bond Market Development Committees have been formed in many of the countries mentioned; they need support with investor, issuer and development bank engagement, with domestic policy agendas and to connect with efforts in other countries.
Renewable energy and energy efficiency markets are fragmented and individual projects are small, making them difficult sectors for institutional investors to invest; aggregation is required. A market for securitization of green assets is needed. This project is developing policy agendas and proposals, building a supportive coalition and working on design of aggregation platforms. Read more.