The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale this year, the Treasury said. LONDON: Britain’s government plans to launch the world’s first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050. The savings bonds […]
Why Investors Bought the First Certified Green Bond to Protect Forests for Drinking Water
Lake Maumelle in central Arkansas is a blue gem surrounded by rich forests of oak, hickory and short-leaf pine. Not only is it popular with local boaters and fishers, it also supplies much of the drinking water to half a million people in and around Little Rock. However, much of the land around the lake is privately […]
Global green bond issuance hit new record high last year
Global green bond issuance reached a record high of $269.5 billion by the end of last year and could reach $400-$450 billion this year. Global green bond issuance reached a record high of $269.5 billion by the end of last year and could reach $400-$450 billion this year, a report by the Climate Bonds Initiative […]
Green bonds gain traction in Malaysia
Towering behind a nearly century-old row of shophouses in Kuala Lumpur’s Chinatown rises a gleaming skyscraper clad in blue glass. In central Malaysia, a sprawl of solar panels catches the sun’s tropical rays. In a remote part of Malaysian Borneo, work progresses on a hydro power plant. These three projects have one factor in common: […]
Green bonds shoot past $1 trillion mark in record month
Record Month Shoots Green Bonds Past Trillion-Dollar Mark Amid global turmoil, green bond issuance is serving as a beacon for sustainability, surpassing $1 trillion issued since the market’s inception in 2007 London and New York: Green bonds have passed their biggest milestone yet, with more than $1 trillion issued since these securities first emerged in 2007, […]
India’s $28 Billion of Green Bonds Are Under the Spotlight
India’s green bond issuers have preferred rupee denominated unlabeled issues. The majority of bonds have fixed coupon rates which can be serviced from the steady cash flow of renewable energy projects. Bond tenors vary from six months to over 30 years, with five- to 10-year tenor being most common. The privately-owned power producers have […]
Green shoots growing on the debt market
Green bonds — debt taken on to finance projects with environmental benefits — hit a record last month with $50 billion issued, as more and more companies and governments turn to the instruments. Adidas, French electricity firm EDF and telecoms firm Orange, along with the nations of Germany, Egypt and Sweden all issued green […]
Germany To Issue ‘green Bonds’ Worth Up To $13B This Year
The German government plans to generate up to 11 billion euros ($13 billion) for clean transportation and renewable energy projects this year by issuing so-called green bond, officials said Monday. The German government plans to generate up to 11 billion euros ($13 billion) for clean transportation and renewable energy projects this year by issuing so-called […]
Visa Launches Green Bonds Worth $500 Million
Visa Expands Commitment to Sustainability Through Inaugural $500 Million Green Bond Issuance and Appointment of Chief Sustainability Officer Role SAN FRANCISCO: Visa (NYSE: V), a leading global payments technology company, today announced that yesterday it successfully priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August […]
Will China Finally Block “Clean Coal” from Green Bonds Market?
Chinese regulators recently proposed eliminating so-called “clean coal” from the list of projects that can raise funds using green bonds. While this may not sound like a big deal, if it goes through, it could be the start of a much-needed transformation in China’s green finance market – and a move away from coal power, which […]