Climate Bonds & UNDRR Present: Around the world case studies on Sub-National labelled bond issuances for Cities
Around the world case studies on Sub-National labelled bond issuances for Cities
Climate Bonds Initiative (CBI) has joined the programme Making Cities Resilient 2030 (MCR2030), a 10-year long initiative to strengthen the resilience of cities around the world.
Join us for the 'Around the world case studies on Sub-National labelled bond issuances for Cities', our second and last webinar of this series, designed to showcase key examples of thematic-labelled bonds issuances by sub-national entities to address both climate-resilience and infrastructure investments gaps. Hosted and presented by Abraham Pedroza, Climate Bonds Initiative's Lead Trainer, we will analyse different experiences from governmental bodies when issuing green, social and/or sustainability debt instruments in various jurisdictions worldwide and we will hear the experience of guest speakers.
Date: 24 November 2021 (Wednesday)
09:00 - 11:00 London
10:00 - 12:00 Geneva
11:00 - 13:00 Cairo
12:00 - 14:00 Nairobi
16:00 - 18:00 Bangkok
17:00 - 19:00 Beijing
18:00 - 20:00 Incheon
Event Language: English
Format: Online via Zoom
Cities account for 75% of global carbon emissions, hosting over 56% of the global population, which is expected to rise 68% by 2050. Emerging markets and developing countries' cities are particularly susceptible to the negative impacts of climate change, directly affecting basic infrastructure and services. To address these challenges, cities must transition to low-carbon, climate-resilient infrastructure. An estimated USD 65 trillion will need to be spent over the next 15 years in sustainable urban sectors such as transport, buildings, ICT, water and waste.
New thematic labelled debt instruments have risen to support addressing these issues, and despite the difficulties, some cities may have for direct capital raising, either challenged by creditworthiness or policies, there is high investor appetite and scope for growing the green city bond market, see our latest report. There is a range of organisations offering assistance in every step of the journey, there are new instruments and innovative solutions for the development of sustainable finance for the Cities.
About Making Cities Resilient 2030
About the UNDRR Global Education and Training Institute (UNDRR GETI)
Our work involves:
• supporting governments and corporates to develop sustainable finance strategies and plans aligning policy with industry innovation and institutional finance towards the transition to low carbon and climate-resilient economy
• providing market data and intelligence and market development analysis
• supplying assurance mechanisms for investors raising the integrity and credibility of the new debt instruments that support climate change
For the last decade, CBI has been the world’s leading organization working to mobilize the largest capital market of all, the USD100 trillion global bond market, for climate change solutions.