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New EU report on mobilising private finance for climate from ClimateBonds+friends: green the Capital Markets Union, expand credit support, green securitization & more

Last week the European Commission’s Directorate-General of Climate published report on mobilising private finance for climate, co-authored by the Climate Bonds Initiative.

A deep-dive into bioenergy & bond opportunities & Qs that determine bioenergy emissions performance: Replacing FFs? Increasing stock of emission-absorbing biomass? Creating emissions if it not burned for energy?

Three weeks ago we released our Climate Bonds Bioenergy Standard for public consultation. Bioenergy is energy made available from materials derived from biological sources such as wood, manure or other agricultural byproducts. Using waste products is preferred due to reduced social and environmental risks.  The focus of the proposed criteria is on liquid biofuels, biogas, and solid biomass used for heat and electricity.

WDC: World Bank/IMF Spring Meetings – Climate Bonds Initiative +World Bank +OECD +UNEP Inquiry workshop brings together top cast to discuss green bonds policy / fin regulators in many EMs are moving from talk to action on green

Washington DC: A couple of blocks down from the White House, the World Bank and IMF buildings on Pennsylvania Avenue were buzzing last week with activity, as top policymakers, private sector actors, development banks, and civil society organizations descended on the city for the annual World Bank/IMF Spring Meetings this week. 

Weekly blog: Unibail-Rodamco €500m($530m) green bond is x6 oversubscribed! EXIM Bank of India’s green bond funds transport & renewables; Berlin Hyp issues the FIRST ever green pfandbrief; TfL to issue green bond + KfW will invest €1bn in green bonds!

Development Banks

EXIM Bank of India issues inaugural $500m green bond (5yr, 2.75%, BBB-/Baa3) to fund low-carbon transport, solar and wind projects

Media digest March; emerging mkts, standards & Green Bond Principles on the top of agenda – Fin Times, Forbes, Fin News, Reuters, IFR, Times of India, China Economic Times +more

‘China – the game changer’ was a phrase that recurred in several articles in March that reported on the growing climate awareness of the political elite in China. They also reported on the key reform recommendations that Climate Bonds Initiative, IISD and the Chongyang Institute for Financial Studies at Renmin University of China put forward to the Chinese policy makers in the whitepaper released in March.