To avoid dangerous climate change will require the equivalent of another industrial revolution. This can only be achieved if finance into the green economy is increased by an order of magnitude. This may be possible as many low carbon technologies are competitive with fossil fuel if the cost of finance is low enough
Our NYC Bonds & Climate Change seminar 26 Sept was over-subscribed (just like most green and climate bonds nowadays!). Even with a great venue kindly provided by Bloomberg, RSVPs were way over the fire department limit - so we've holding a final Bonds and Climate Change 2013 report webinar on 21 October, 10am NYC, 3pm London, 4pm Frankfurt. Register here – log-in details to follow.
Media release
The Climate Bonds Initiative today released further data from their recent report ‘Bonds & Climate Change: the state of the market in 2013’, showing which lead managers are driving growth in this market.
Yesterday the Canadian supplement to the Bonds and Climate Change report was launched by Sean Kidney with a speech at the Economic Club of Canada.
Germany's PNE Wind AG has closed a €100m ($134m) 8% corporate bond with a final private placement with institutional investors of €33.7m.
PNE Wind will use the proceeds to expand its activities in offshore wind farm projects and to strengthen its portfolio of national and international onshore projects, especially the 189MW of wind farms they have under development in Germany.
