Category Archives: The Climate Bond Initiative

Event Invitation: Delhi Roundtable: Green Bonds for Clean Energy: 19th May: Joint Event: Indian Green Bonds Council & USAID: Supported by Ministry of New & Renewable Energy & Climate Bonds Initiative

Invitation: Delhi Roundtable: Green Bonds for Clean Energy: 19th May: Joint Event: Indian Green Bonds Council & USAID: Supported by Ministry of New & Renewable Energy & Climate Bonds Initiative

You’re invited to join representatives from US AID PACE-D, the Indian Green Bonds Council, Issuers and Investors at this 2017 Delhi Roundtable.

Event Invitation: 

Growing Green Bonds for Clean Energy-Roundtable

When:  10:30am -14:30pm Friday 19th May 2017.

Where: Casuarina, India Habitat Centre, IHC Complex, Lodi Road, Delhi.

Registration: Email  etandon@nexant.com  and  bsneha@nexant.com direct.

 

What’s it all about:

The Government of India has set a national clean energy target of 175 GW of renewable energy capacity by 2022, of which 57 GW has been installed so far.

Green Bonds have started playing a role in financing this capacity, and are expected to play a significant role in funding future renewable energy capacity addition.

The Roundtable will explore how an Indian green bonds market that benefits clean energy can be accelerated.

Hear about the experience of the pioneer Indian green bond issuers, the expectation of Indian institutional investors and about the support provided by USAID to prospective issuers under PACE-D TA program.

 

Is this Roundtable important for you?

Yes, if you are an asset owner, fund manager, bank, market regulator, fixed income or debt specialist, clean energy supplier or global infrastructure investor.

 

Registrations Now Open

A limited number of places are open to participate in the Roundtable.

Registrations can be made direct to etandon@nexant.com  and  bsneha@nexant.com.

 

The Last Word

Don’t miss this chance to engage and discuss first hand the prospects for clean energy and green bonds investment to support India’s climate plans and 175GW by 2022 renewables target.

We’ll see you in Delhi on the 19th. 

Till next time,

Climate Bonds

Climate Bonds 2016 Highlights: The big issuers: The big numbers: The trends that count and a 2017 forecast

Climate Bonds 2016 Highlights: The big issuers: The big numbers: The trends that count and a 2017 forecast

A record year with green bond issuance of USD 81bn, up 92% on 2015 figures

The Big Numbers

92% – growth on 2015 making 2016 the most prolific year to date

USD 11.8bn – November issuance, the largest month on record

24 – number of countries with green bond issuers

27% – proportion of Chinese issuers

241 – number of labelled green bonds issued (median size USD133.7m)

>90 – number of new issuers

>50 – number of repeat issuers

USD 4.3bn – largest single green bond ever issued from the Bank of Communications (China)

1st Sovereign – Republic of Poland became the world’s first sovereign issuer

Read more

The Green-Eyed [Bond] Monster

Green bonds are bonds created to fund projects with positive outcomes that are directly related to the environment.

They include the following.

  • “Use of proceeds” bonds and revenue bonds, which are designated for green projects.
  • Green project bonds, the proceeds of which are earmarked for specific projects with positive environmental outcomes.
  • Green securitized bonds, which are designated for green projects (specific or otherwise). Read more

Webinars: Green Bonds for Cities: Infrastructure finance for cities in emerging economies: Español and English, Dec 13th

Join one of our twin webinars on December 13th for a comprehensive overview of green bonds for cities in emerging markets, with a focus on the Mexican and Latin American markets.

 

Webinars: Bonos Verdes para Ciudades – Financiamiento de infraestructura de ciudades en economías emergentes: español e inglés, Dic 13 

Únase a uno de nuestros webinars el 13 de diciembre para aprender sobre bonos verdes para las ciudades en mercados emergentes, con enfoque en el mercado mexicano y latinoamericano.

 

Bonos Verdes para Ciudades – México
[en Español]
10am Ciudad de México / 11am Bogotá / 2pm Brasilia / 4pmLondres REGÍSTRESE
AQUÍ
Green City Bonds
[in English]
12pm London / 5.30pm New Delhi / 7pm Jakarta / 8pmBeijing REGISTER HERE

 

The Challenge of Cities

The world’s cities host 50% of the global population and account for 70% of global greenhouse gas emissions.

The share of urban population is expected to rise to 60% by 2030, with the bulk of this growth to take place in emerging markets and developing countries.

An estimated USD 50 trillion will need to be spent over the next 15 years in basic urban infrastructure such as transport, building energy efficiency, telecommunications, water and waste infrastructure.

Access to low-cost capital at scale is critical for cities in developing countries to realize low-carbon infrastructure and climate-resilient growth.

 

Green City Bonds

Following COP22 in Marrakech, green bonds are being highlighted as an investment option to assist local and central governments in bridging the climate finance gap and meeting their carbon reduction commitments.

 

The Big Questions

What are green bonds? 

How do they work?  

How can a city in an emerging economy access green finance? 

What are the prospects in Mexican and LATAM cities?

 

Twin Sessions: Español and English Tuesday December 13th

Bonos Verdes para Ciudades – México
[en Español]
10am Ciudad de México / 11am Bogotá / 2pm Brasilia / 4pmLondres REGÍSTRESE
AQUÍ
Green City Bonds
[in English]
12pm London / 5.30pm New Delhi / 7pm Jakarta / 8pmBeijing REGISTER HERE

 

Speakers will include:

  • Diletta Giuliani – Climate Bonds Initiative
  • Viola Lutz – South Pole Group
  • Padraig Oliver – Climate Policy Initiative
  • Eduardo Piquero and Alba Aguilar Priego – MexiCO2
  • Martin Stadelmann – South Pole Group
  • Hanna Vartto – South Pole Group

The webinars will cover:

  • Recap – What is a green bond?
  • Green bonds for cities guidelines
  • Green bonds for cities toolkit
  • Issuer experience
  • Q&A

 

The Green Bonds for Cities Project

These webinars are part of the Green Bonds for Cities project sponsored by Climate-KIC, delivered by Climate Bonds Initiative in partnership with ICLEI – Local Governments for Sustainability, South Pole Group and Climate Policy Initiative. Other workstreams from this project include:

 

Guidelines and Green Bond Toolkit – Coming Soon

A green bond guidelines strategic paper and green bond toolkit will also be released on Tuesday 13th and will be available online.

 

Chinese Green Cities

A ‘Green City Bonds – China’ roundtable has also been held in Datong, China as part of the Datong International Seminar on Green Finance by SyntTao Green Finance and Dianyang Capital.

 

India Roundtable December 19th

An Indian roundtable will be held in Mumbai, India on December 19th to explore the challenges and opportunities of green municipal markets in India.

For more information about this event please contact Diletta Giuliani.

 

Mexico City Update

Climate Bonds Initiative has been working directly with the City of Mexico Climate Change department and local partners MexiCO2 to develop a green financing strategy for the city and support the issuance of its first green bond.

The City has announced a MXN 1 billion green bond issuance and identified public transport, water efficiency and wastewater management projects to include in the portfolio.

Bonds and Climate Change 2016: India Edition

Since the publication of our Global State of the Market report in July 2016, some important developments have taken place in India’s labelled green bond market. India is now the 7th largest labelled green bond issuer with USD 2.7bn issued as of 12th of October 2016 – most of this has been issued since 2016.

Download the India Update here

Webinar : 2016 Green Bonds 101 Series July 21 and Bonds and Climate Change State of the Market July 26

2016 Green Bonds 101 Series.

Register now for our next Webinar. Tomorrow – Thursday 21st July. 

How to Certify a Solar Green Bond and more. Hear from Climate Bonds experts.

Guest Presenter Uwe Jurkschat from Deutsche Kreditbank AG.

In a first for German banks, DKB has just issued a EUR 500m Climate Bonds Certified Green Bond. Proceeds will be used to refinance loans for the construction and operation of onshore wind and solar plants.

Jurkschat Uwe from DKB will provide an expert issuer perspective on the process of Climate Bonds Certification.

All About the Solar Criteria, Certification and Solar Green Bonds Webinar:

Two Sessions – Pick your time zone.

Tomorrow! Thursday 21st July

Session 19am BST London / 12pm GST Abu Dhabi / 4pm CST Beijing / 6pm AEST Sydney

REGISTER HERE

Session 23pm BST London / 4pm CEST Berlin / 10am EDT New York / 7am PDT San Francisco

REGISTER HERE

Climate Bonds Presenters:

Rob Fowler – Head of Certification

Anna Creed – Standards Manager

Special Guest Presenter

Jurkschat Uwe –  DKB Germany

The webinars will cover:

What is a solar green bond? Who can issue a solar green bond? How do they get certified? The value of certification.

What does the Climate Bonds Solar Standard measure?

Q&A

These sessions will be recorded and sent out to all those who have registered.

Last chance to register:

Session 19am BST London / 12pm GST Abu Dhabi / 4pm CST Beijing / 6pm AEST Sydney

REGISTER HERE

Session 23pm BST London / 4pm CEST Berlin / 10am EDT New York / 7am PDT San Francisco

REGISTER HERE

Next Week: ‘LIVE from the City of London’ State of the Market 2016 broadcast

If you missed our earlier Bonds and Climate Change State of the Market launch, we’re running a special LIVE webinar with a discussion of the report.

Presenters: Climate Bonds CEO Sean Kidney and special guests.

Date: Tuesday July 26

Global times: San Francisco 7:00am / New York: 10:00am / London: 3:00pm
/ Madrid: 4:00pm / Dubai 6:00pm / Mumbai: 7:30pm

Don’t miss out, register here.

 

 

Webinars: Green Bonds 101 – Tomorrow, 25th May , 9am BST and 10am ET

Less than 24 hours to go until the ‘Introduction to Green Bonds’ Webinars. Presentations from Climate Bonds Initiative experts, followed by a Q&A session.

You’re invited.

Wednesday 25th May

  • Session 1:  9am BST London / 12pm GST Abu Dhabi / 4pm CST Beijing / 6pm AESTSydney  REGISTER HERE
  • Session 2: 3pm BST London / 4pm CEST Berlin / 10am EDT New York / 7am PDT San Francisco REGISTER HERE

These webinars will cover:

  • Introduction – What is a bond?
  • How are bonds used in capital markets?
  • What makes a bond green?
  • How can green bonds help finance climate goals?
  • Supply – Who is issuing green bonds, what are they issuing, why aren’t there more?
  • Demand – Why do banks, insurance companies and pension funds invest in bonds?
  • Q&A

Don’t miss out – Register Now!

 

Moody’s Global Teleconference Series (APAC): Green Bonds Assessment Methodology, Wednesday, 6 April 2016, 10am HKT

Moody’s Global Teleconference Series (APAC): Green Bonds Assessment Methodology
Wednesday, 6 April 2016 10:00 Hong Kong / 11:00 Tokyo / 12:00 Sydney
Discussion Items

·         Green Bonds Assessment: Methodology for assessing green bonds

·         Request for Comment feedback

·         1st Quarter 2016 green bonds market update in brief

Speakers

Brian Cahill, Managing Director – Asia Pacific, Corporate and Financial Institutions

Henry Shilling, Senior Vice President, ESG Ratings and Research

The entire session — with prepared remarks and the Q&A — will last about one hour. If you wish to participate, please RSVP early.

 REGISTER HERE

 Registration Is Required,  Replay information will be provided to registrants after the session.

Submit Questions in Advance : Participants are encouraged to submit questions in advance of the session by clicking here.

 Related Teleconference

Americas/EMEA: Wednesday, 6 April 2016

10:00AM EDT / 3:00PM BST / 4:00PM CEST

 Related Research

·         Press Release: Moody’s publishes methodology on Green Bonds Assessment, 30 March 2016

·         Methodology: Green Bonds Assessment (GBA), 30 March 2016

Invitation: Seminar ‘Prospects for Green Bond market 2016’ + ‘How Green Infra Investment (GII) Coalition can help capital flow’. Wed 3 Feb, 14:00-18:00. At London Stock Exchange

Invitation: Seminar ‘Prospects for Green Bond market 2016’ + ‘How Green Infra Investment (GII) Coalition can help capital flow’. Wed 3 Feb, 14:00-18:00. At London Stock Exchange

Invitation: Seminar on ‘Prospects for #GreenBond market’ and the ‘Green Infra Investment Coalition’. Wed 3 Feb, 14:00-18:00. At @LSEG

The first session will be on ‘Next steps for the green bonds market’.

Then we will explore how the Green Infrastructure Investment (GII) Coalition, announced at COP, can help capital flows to climate solutions.

Wednesday 3 February 2016

London Stock Exchange, 10 Paternoster Square, London EC4M 7LS

14.00 – 18.00hrs 

It will be a roundtable/workshop format, but we do have speakers confirmed:

–    Nick Robins, UNEP Inquiry into the Design of a Sustainable Financial Market

–    Meryam Omi, head of sustainability, Legal & General Investment Managers

–    Shaun Tarbuck, CEO, International Cooperative Mutual Insurers Federation

–    Nathan Fabian, policy director, UN Principles for Responsible Investment

–    Martin Schoeberg, Institutional Investor Group on Climate Change

–    Ulrik Ross, head of green bonds, HSBC

–    Nigel Labram, CEO, Low Carbon

–    Sean Kidney, CEO Climate Bonds Initiative

Plus a bevy of banker and investors.

RSVP: https://seminarglobalprospectsgreenbondmarket.eventbrite.co.uk

Background information

The $100 trillion global debt markets are a dominant source of capital and are a core component of the capital investment pipeline. Bonds account for a significant share of institutional investors’ portfolios. The proportion that is labelled green is a small, but growing rapidly.

With low carbon and climate resilient infrastructure investment an increasing global priority, the market potential for green bonds is enormous – but where and how?

Take the 2015 Climate Bond quiz

It’s been a busy year for green bonds, how much have you been paying attention?

Take the 2015 Climate Bond quiz

It’s that time of year again…for all you climate bond boffins to prove your mettle! Take the annual CBI Christmas QUIZ now

It’s been a busy year for green bonds, how much have you been paying attention?

Take the 2015 Climate Bond quiz

Last year’s top climate bonds boffin was SEB’s Marianne Gut.

https://www.qzzr.com/c/quiz/142820/bd25968c-9ba8-4f0b-8113-5168a3c45ad9

London, 22nd October, Roundtable on Climate Bonds Standard for Agriculture, Forestry and Other Land Use (AFOLU) Investment

Invitation: London, 22nd October, Roundtable on Climate Bonds Standard for Agriculture, Forestry and Other Land Use (AFOLU) Investment

Roundtable for asset owners and managers, prospective issuers and underwriters

The Climate Bonds Initiative, Banking Environment Initiative (BEI) and Swiss based Clarmondial invite you to a Roundtable on investment opportunities in Agriculture, Forestry and Other Land-Use (AFOLU) under the Climate Bonds Standard.

The Roundtable is kindly hosted by Northern Trust.

Date: Thursday 22 October, 8-10am; Breakfast will be served 
Venue: Northern Trust Office, 50 Bank St. Canary Wharf, London, E14 5NT
Google Map Ref
Access via DLR or Jubilee Line 
RSVP to: info@climatebonds.net
Who Should Come: This event is designed for asset owners and managers, prospective issuers and underwriters
Keynote Speakers: Tanya Havemann, CEO Clarmondial, and Justine Leigh-Bell, Climate Bonds Manager-Standards and Certification

  
Tanja Havemann      Justine Leigh-Bell
The event will include a presentation on the AFOLU Guidance. It will also include an update on the green bonds market and investment opportunities for the sector.

The University of Cambridge Institute for Sustainability Leadership (CISL), who host the Secretariat for the BEI, will facilitate proceedings under the Chatham House rules.

Places are strictly limited and will be allocated on a first come first served basis.
Please RSVP by Tuesday, October 20.

 

Background to AFOLU

The BEI and Climate Bonds Initiative have partnered to accelerate consensus on green bond standards and therefore contribute to the stable growth of the green bond market.

Issuance by governments, corporates and financial institutions in the AFOLU sectors could relate to a wide variety of investments, including sustainable improvements in productivity of land or fisheries and or financing programmes for suppliers and associated infrastructure or technology requirements.

Recent analysis has identified over US$ 4bn in outstanding bonds aligned with the AFOLU sector. The International Institute for Applied Systems Analysis estimates that future financing needs focused on deforestation and land degradation could be up to US$ 50bn per year by 2020.

What is the Climate Bonds Standard?

The Climate Bonds Standard is the only international certification standard for the bond market. There are over 80+ organisations involved in its development with member organisations holding over US$ 34tn in Assets Under Management.

The AFOLU guidance has been led by a Technical Working Group, comprised of internationally recognized experts, complemented by an Industry Working Group of over 30 leading corporations.

The AFOLU Standard is kindly supported by Credit Suisse, the Swiss Government and Rabobank.

Webinars 4: how Climate Bonds Standard v2.0 will make independent review easy. Co-hosted w PGGM, Aviva, CalSTRS, ASrIA – the investor view. Sept 21, 25, 29, 30, Europe/Asia/USA

SaveTheDate webinars x4: how Climate Bonds Standard v2.0 will make independent review easy. Co-hosted w PGGM, Aviva, CalSTRS, ASrIA – the investor view. Sept 21, 25, 29, 30, Europe/Asia/USA

Join the webinar to find out how the updated version of the Climate Bond Standard (v2.0) will make independent reviews of green bonds simpler and easier – and let us know if we can do even better. We’re in the last stretch ofpublic consultation and we would really value your feedback!

The webinars are being co-hosted by major investors Aviva (UK), PGGM (Netherlands) and CalSTRS (USA) and the Association for Sustainable & Responsible Investment in Asia (ASrIA). They will share an investor perspective.

Four options – pick that one that best suits your time zone:

Monday 21 September9:00 NYC / 14:00 London / 15:00 Amsterdam / 17:00 Dubai
Co-host: PGGM
Register here

Friday 25 September 11:00 Dubai / 12:30 Delhi / 15:00 Beijing & Hong Kong / 17:00 Sydney
Co-host: ASrIA
Register here

Tuesday 29 September11:30 London / 12:30 Paris / 14:30 Dubai  /18:30 Beijing & HK
Co-host: Aviva Investors
Register here

Wednesday 30 September10:00 San Francisco / 13:00 NYC / 18:00 London / 19:00 Berlin
Co-host: CalSTRS
Register here

The webinars will include:

  • How the Climate Bonds Standard v2.0 works and how it’s designed to make independent reviews simpler and easier
  • Benefits of Climate Bonds Certification
  • Investor perspectives on what is necessary to scale up the market
  • Climate Bonds criteria for a range of asset such as Low Carbon Buildings, Low Carbon Transport, Forests & Agriculture and Water.

Choose your webinar (above) and register now!

 

Invitation: National Australia Bank and Climate Bonds Initiative co-hosted webinar on the Climate Bonds Standard V2.0 and opportunities for scaling-up low carbon investment in Australia – 12 Aug; 1130am IST

Join us for a presentation on the updated version of the Climate Bond Standard V2.0 (now out for public consultation) and the latest developments in low carbon criteria including a discussion with NAB on their experience issuing and arranging climate bonds.

The market for climate and green bonds in Australia is growing rapidly.  New issuers and investors are combining to drive massive investments into low carbon businesses and infrastructure. More than ever, the market needs robust standards and a trusted approach to certification of these labelled debt securities to ensure that issuers know what to do, and investors can have confidence in what they are funding.

We will be co-hosting the webinar with NAB on Wednesday 12 August at:

4pm Sydney / 2pm Shanghai / 11:30am Delhi / 10am Dubai / 7am London

To participate please register here

A recording will be available for those unable to attend.

Speakers:

  • David Jenkins, NAB
  • Justine Leigh-Bell, Climate Bonds Initiative
  • Rob Fowler, Climate Bonds Initiative

Objectives:

  • Learn about NAB’s experience issuing and arranging climate bonds
  • Update from the Climate Bonds Initiative on the Climate Bond Standards & Certification Scheme
  • Hear about developments in low carbon criteria such as Low Carbon Buildings, Low Carbon Transport, Water etc.

Discover the opportunities for Municipalities, Multi-Asset Pools, Securitisation and more!

Webinar invite: the Green City Bonds Coalition launches guide for cities on issuing green bonds – July 28, 12pm EST

Webinar invite: the Green City Bonds Coalition launches guide for cities on issuing green bonds – July 28, 12pm EST

The Green City Bonds Coalition, of which the Climate Bonds Initiative is a member alongside CDP, C40, Ceres, NRDC and As You Sow, is pleased to invite you to a webinar to launch a new guide for cities on issuing green bonds.

Speakers:

  • Barbara Whitehorn, Chief Financial Officer, City of Asheville
  • Mark Kim, Chief Financial Officer, DC Water
  • Jackie Dingfelder, Senior Policy Director and Jonas Biery, Debt Manager, City of Portland
  • Mike Brown, Capital Finance Analyst, San Francisco Public Utilities Commission

Objectives:

  • Sharing expert advice and information on green bonds through the launch of the Green City Bonds Playbook
  • Sharing city experiences and future plans to issue green bonds
  • Discussing next steps for North American cities and the Green City Bonds Coalition to take

Please register here in advance for this webinar to receive webinar/log-in instructions

Dial-in details (but registration for the webinar above, highly recommended for access to WebEx)

U.S. dial-in +1 631 267 4890

Meeting # 846 764 366