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UN Climate Conference in booming Lima - climate bonds speaking events

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.

NAB issues the first Australian climate bond certified under the Climate Bonds Standard

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.