Green Bonds

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China disqualifies ‘clean coal’ technology from green bond funding

Environmental Finance: China will axe ‘clean coal’ from its green bond guidelines, in a move that will see its definition of green align more closely with the Climate Bond Standards and the consensus of opinions in the West. Geoffrey Choi, financial services assurance leader for the Asia Pacific region at EY, said at the Asian […]

December 14, 2018 Read More →

DZ Bank’s first green bond gets high marks from S&P

S&P Global Market Intelligence ($): S&P Global Ratings Inc. has assigned a relatively high green evaluation score to a German bank’s plan to issue a €250 million green bond with proceeds to go toward existing onshore wind projects in Germany. The overall score of 85 out of 100 given by S&P Global Ratings on Sept. […]

September 19, 2018 Read More →

States turn to bond market to fund decommissioning of coal plants

Bloomberg Businessweek: As President Donald Trump prepares to pay failing coal plants to stay open, several states are hatching plans to gently put them to sleep. One solution gaining steam among lawmakers, environmentalists, and policy experts can be found in an unlikely place: the bond market. For utilities, getting out of the coal business can […]

June 12, 2018 Read More →

Canadian pension fund joins growing list of green bond issuers

Bloomberg News: Canada Pension Plan Investment Board plans to issue green bonds in Canadian dollars for the first time, joining a growing list of borrowers selling the debt to finance environmentally friendly investments. “The issuance of green bonds is a logical next step to CPPIB’s investment-focused approach to climate change, and we are pleased to […]

June 12, 2018 Read More →

DTE Energy Issues Green Bonds to Fund Renewable Projects

DBusiness: DTE Energy in Detroit today announced it is the first company in Michigan to offer green bonds, which were priced Monday. The $525 million in bonds will finance green investments, including low-carbon projects such as renewable energy and energy efficiency. DTE is the fifth [energy] company in the nation to sell green bonds. “Green […]

May 3, 2018 Read More →

European Investment Bank Looks to Expand Green Bond Market With New Sustainable Product

Reuters:  LONDON—The EIB banker dubbed the “mother” of the green bond has a new baby on the way — a “sustainability” bond the proceeds of which will be used in a range of well-meaning areas from clean water and sanitation to education and health. Eila Kreivi is head of capital markets at the European Investment […]

April 23, 2018 Read More →

Renewable Energy Development in India Gets Big Boost From New Green Fund

Reuters: LONDON—Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India. The fund, named Green Growth Equity Fund (GGEF), was launched with an initial war chest of 240 million pounds shared equally by […]

April 19, 2018 Read More →

Report: Green Bond Market Will Grow by 30% in 2018

The Star Online (Malaysia): S&P Global Ratings said that strengthening green bond market fundamentals are likely to fuel about a 30% increase in self-labeled instruments globally in 2018. In a report published on Tuesday entitled, “Green bond issuance is expected to shoot up further,” it said that would push issuance to around US$200bil for the […]

January 30, 2018 Read More →

68% Jump Last Year in Global Green Bond Market

Reuters: Global green bond issuance rose to $163 billion last year, up 68 percent from 2016, research by Bloomberg New Energy Finance shows The market was mainly driven by new corporate debt issuance. Companies from a range of sectors sold green bonds to fund corporate sustainability measures, including development of renewable energy and energy efficiency […]

January 29, 2018 Read More →