The first Italian green bond was issued last week by Hera, an Italian energy, water and environmental services utility operating in the Emilia-Romagna, Triveneto and Marche regions.
See our running total graph at www.climatebonds.net. It was just under $11 billion last year.
You'll have to wait a little longer for our year-to-date roundup to get the details!
Big news for the green bonds market with the issuance of a first emerging market green bond. We’re not 100% sure on the size yet but we know they were aiming for R1.5bn ($139m) and it seems as though they were more than successful.
According to Pensions & Investment magazine: "Money managers, institutional investors and others are combining efforts to drive the nascent green bonds market forward, and the fruits of their labor are becoming apparent."
It's an all-cast story, with quotes from CalSTRS, SSgA, UKSIF, SEB, IIGCC, AP3, Nikko, Calvert (if you know all the acronyms you qualify as a green bond groupie). The story also mentions the Climate Bonds Standards.
