The Climate Bonds Initiative aims to catalyze the debt capital markets to support low-carbon and climate relevant industries growing at the maximum growth rates needed to avert catastrophic climate change. Rapid change at very large scale will depend on a close working relationship between government, finance and industry.
Global and country level policy analysis is one of the key focus areas for Climate Bonds Initiative.
The role of policymakers in scaling the green bonds market:
Market integrity: supporting standards
Strategic issuance: Cities, development banks, other public entities
Market development: Aggregation, securitization, covered bonds
Improving risk-return profile: Increasing returns or reducing risks
Tax incentives for issuers and investors
Boosting demand: Mandates for domestic funds, quantitative easing