Two leaders in the sustainable finance market (ICMA and CBI) have partnered to bring you an in-person Sustainable Debt Training in Hong Kong
Date: 8 June 2023
Time: 09:00 - 18:00 Hong Kong (HKT)
Fees: 700 EUR / 6000 HKD / 750 USD
Location: Quarry Bay, Hong Kong
With support from our hosting partner: Eversheds Sutherland, Hong Kong
Registration: Click here to register
Download the brochure: Click here
Get up to speed
Over the past decade, thematic labelled bonds have grown to become a powerful and important financial instrument that addresses a series of global challenges, such as poverty, inequality, climate, and environmental degradation. Sustainable finance has strengthened environmental projects by raising the vital capital required to fund this agenda. The growth of the thematic labelled bond market sends a clear signal to issuers and investors that now is the time to invest in a green, just, and more sustainable world. Given the environmental and social challenges that continue to negatively impact life on earth, it is vital that market players continue to collaborate and mobilise capital to fund climate solutions. It is with this in mind that two of the most prominent thought leaders in the market, the Climate Bonds Initiative and ICMA, have come together to develop training from the frontiers of the sustainable debt market.
Training with a purpose
The Sustainable Debt Training will introduce participants to innovative financial instruments, including green, social, sustainability, sustainability-linked and transition (GSS+) bonds, exploring their evolution over the last few years and market trends. It will give an overview of ICMA’s Principles, their role in strengthening the market, and how the Climate Bonds Standard and Taxonomy can build trust between investors and issuers, enabling capital flow worldwide. Finally, the course will give an overview of the key stakeholders in the labelled bond market and how they contribute to the sustainable debt issuance process.
Expected Outcomes
This Sustainable Debt Training aims to develop participant’s overall understanding of the role of thematic labelled bonds in promoting financial practices that support climate solutions. Participants in the training program can expect to acquire solid knowledge of:
· Use-of-proceeds bonds, their similarities, and differences to vanilla bonds
· Evolution of the labelled bond market and its forecast for the coming years
· The benefits of thematic labelled bonds
· ICMA’s Principles and how can they support GSS+ bonds issuances
· Introductory elements of transition finance
· Governance structures and their role in supporting the sustainable finance market
· CBI Standard and its role in building credibility and trust in the sustainable debt market
· The actors involved in the GSS+ bonds issuance process, their roles, and responsibilities
· The requirements for use-of-proceeds labelled bond issuances (from inception to maturity)
· The contents and characteristics of a use-of-proceeds labelled bond framework
· The main external review methodologies available in the market
· The process for Climate Bonds certification
Who would benefit from this training?
Due to the comprehensive nature of the training programme, it is well suited to serve individuals who aim at broadening their knowledge on the labelled bonds agenda and sustainable finance including, but not limited to members of corporates and financial institutions, investors, asset managers, research analysts, bond issuers & structurers, sustainability teams, public sector officials, consultancies, external review service providers, legal teams, think tanks, academia, and many more.
Pre-requisites
The course has no specific pre-requirements.
Methodology and Approach
- Training format: 6 hours of content delivered in person in one day in Hong Kong.
- Trainers: Climate finance specialists will deliver the training
- Participants: 35
- Material: All training materials and presentations will be provided to the participants
- Language: training materials and communication are in English
- Certificate: A joint Climate Bonds Initiative and ICMA Certificate will be awarded to those who completed the course
Trainers
Manshu Deng - Deputy Head of the China Programme
Manshu is the Deputy Head of the China Programme at Climate Bonds Initiative. She manages the development and delivery of programmes and projects in Greater China, including taxonomy and sectoral criteria development, policy advisory, market intelligence, certification, and capacity-building activities. Before joining CBI, Manshu worked in research roles at Bloomberg and the Hong Kong Polytechnique University. She also had experience in real estate development and REITs projects. Manshu holds a master’s degree in Financial Analysis from the Hong Kong University of Science and Technology, and a bachelor’s degree in Science and Commerce from the University of Ottawa, Canada. Manshu is now based in Hong Kong. She is fluent in Mandarin, English and Cantonese.
Cedric Rimaud - Corporate Bonds and Green Finance Specialist
With 20+- year experience in the financial management industry with more than 10 years at top-ranking investment banking firms (JP Morgan, Citi and Credit Suisse), Cedric has been managing fixed-income portfolios and analysing corporate bonds during the most part of his career, most recently as the Head of Emerging Markets Corporate Credit Research at an independent credit research company. Cedric has successfully completed the dual degree Executive MBA program of INSEAD in Singapore and Tsinghua University in Beijing. He is a CFA charter holder and member of the CFA Society in Singapore. Since relocating for the second time to Asia six years ago (Bangkok and Singapore), he has been developing investable projects in the climate finance space in South-East Asia. He's been a consultant for the United Nations Economic and Social Commission for Asia Pacific on Green Finance. Over the past few years, he's been teaching various sustainable finance courses, as well as a regular presenter in webinars across the region for CBI, ADB and other development institutions.