White & Case Joins Climate Bonds Initiative Partners Program
LONDON 26/04/2017 09:00 GMT: Global law firm White & Case LLP is the latest international organisation to join the Climate Bonds Initiative Partnership Program supporting the development of climate finance and green bond market growth.
White & Case is a signatory to the UN Global Compact and supporter of the UN Sustainable Development Goals (SDGs). The firm has lawyers in 40 offices across 28 countries and was among the first law firms to establish a truly global presence and advises a broad range of clients in virtually every area of law that affects cross-border business.
Cenzi Gargaro, Partner, White & Case (Paris):
“White & Case has been involved in various fields of Green Finance since its inception and has advised on numerous Green Financing transactions including landmark deals such as the recent first ever sovereign green bond by Poland and the first ‘green capital note’ for an innovative green securitization transaction. There is now real momentum behind the concept of Green Finance and we are proud to be partnering with the Climate Bonds Initiative to drive this forward.”
Tallat Hussain, Counsel, White & Case (London):
“Green bonds are part of a wider trend toward social and environmental responsibility among companies, investors and financial institutions. With an international imperative for climate change adaptation finance and environmental protection, we are seeing strong encouragement by governments, public and other regulatory authorities and even NGOs, looking ahead to innovative instruments and structures to make change happen.”
Karsten Woeckener, Partner, White & Case (Frankfurt):
“Green Finance has been embraced with great enthusiasm over the past few years and the interest is not just from mainstream corporate and sovereign market participants but there is growing interest from a number of participants in structured finance, emerging markets and project bond. The Climate Bonds Initiative is working on standardisation and transparency to ensure climate-related instruments remain attractive products for a broad range of market stakeholders.”
Sean Kidney, CEO Climate Bonds Initiative
“White & Case brings a global perspective on climate and environmental developments in many jurisdictions and a broad-based legal capability to match. As the Climate Bonds Initiative expands its international activities and in-country projects, having a law firm of this caliber as a partner provides invaluable expertise and capability.”
About Climate Bonds Initiative: The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy.
It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers the Standards & Certification Scheme.
For more information, please visit www.climatebonds.net.
Climate Bonds Partners Program: Banks, institutional investors, private and non-governmental organizations (NGOs) and governments are eligible to join as Climate Bond Partners to help grow a market of green and climate bonds.
Partners supportinvestor and stakeholder outreach and education projects centred on growing robust and sustainable green bond markets that contribute to climate action and low carbon investment.
Partners assist in developing initiatives to grow investment in climate finance solutions, participate in different market development committees & help define policy agendas for sector, country & sub- national green bond development programs.
A list of Partners is available here.