green-bonds

Diary Alert: Inaugural Green Bond (Pioneer) Awards - evening Wed 3 Feb 2016, at London Stock Exchange + afternoon seminar

The green bonds market has developed a lot in the past year. It’s time we celebrated that!

On 3 February 2016 the Climate Bonds Initiative will announce the 2015 Green Bond Pioneer Awards, kindly hosted by the London Stock Exchange (and its green bond listing).

India: blue-chip IDBI today takes USD benchmark green bond pitch to Asian+EMEA investors, “Climate Bonds Taxonomy aligned”, saying they’ll certify as soon as new criteria finalized early 2016. Cool! India's plans are BIG; expect more of these

Over the past few months we’ve got to know the work of the IDBI, an Indian development bank. It used to be called the Industrial Development Bank of India, a name that explained them well.

Update: 1st GB from Mexico by Nafin, Climate Bonds Certified!! 3 reasons to get excited about Canada & GB’s; 1st JPN corp GB from SMBC, Hawaii’s 2nd GB, KfW GB $1.5bn. Oct issuance tops yr. Sustainability bonds from DBJ & BNG explained

The first green bond from Mexico issued by Nacional Financiera (Nafin), certified by Climate Bonds!! Check out our blog for full details!!

We see municipalities and development banks quickly catching up on green bond issuance over the past week or so! For three key issuances covered in this blog, we as usual share our thoughts on the green credentials of these bonds and further dive into the eligible projects under use of proceeds. 

Viva Mexico! Viva Nafin! First Mexican green bond – issued by Nafin & certified under the Climate Bond standard making it the first certified green bond in Latin America ($500m, 3.41%, BBB+ / A3, 5 yrs)

The Mexican state-owned development bank, Nacional Financiera S.N.C (Nafin), issued its inaugural green bond of $500m. The bond is the first green bond in Mexico, and also the first green bond in Latin America to receive internationally recognised Climate Bonds Certification by the