Tag: Climate Bonds Initiative

Climate Bonds approves CASA Colombia as a new Certification pathway for low carbon residential buildings

Stuart Mitchell

Financial advisers recognise the importance of scale as the workplace pensions market consolidates, but providers will need to do more to demonstrate how it translates into better outcomes for members, according to new research¹ from People’s Pension². More than half (51%) of advisers believe scale will become an increasingly important differentiator between workplace pension providers, versus just 8% who disagree. At the same time, only 11% believe smaller providers can continue to compete effectively with larger schemes, underlining the increasingly important role advisers expect scale to play as the market…

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Australia first to pioneer Climate Bonds Certification using national taxonomy criteria

Stuart Mitchell

Australia is reinforcing its position as one of the world’s leading sustainable finance markets, becoming the first country selected to pilot Climate Bond’s Certification against its local taxonomy, which will enable eligible investments aligned with recognised Australian Sustainable Finance Taxonomy criteria to achieve Climate Bonds Certification. The announcement comes at a significant moment for Australia’s sustainable finance market. Australia has now issued USD97.5bn in cumulative green, social and sustainable (GSS+) debt and recently became home to Climate Bonds’ 1,000th Certified issuance, with Australian fleet leasing company, FleetPartners, reaching the milestone.…

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Sustainable debt market surpasses 7 trillion dollars in aligned issuance

Stuart Mitchell

The global sustainable debt market has reached a major new milestone, with cumulative aligned issuance surpassing 7 trillion dollars, according to the latest data from the Climate Bonds Initiative. Climate Bonds’ database of green, social, sustainability and sustainability-linked bonds aligned with its methodologies has now crossed the USD7tn threshold, demonstrating the rapid growth of sustainable finance from a niche segment into a significant part of global capital markets. The milestone marks a sharp acceleration in market growth. It took the sustainable debt market 13 years, from 2006 to 2019, to…

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Climate Bonds updates Bioenergy Criteria to support emissions reduction in transport

Stuart Mitchell

Climate Bonds Initiative has announced the launch of its revised Bioenergy Criteria, expanding the scope of eligible bioenergy activities to include electricity while addressing key socio-economic and environmental impacts from biodiversity, to growing energy demand, water use and food security. The updated framework provides investors, industry and policymakers with a science-based tool to scale sustainable investment across the bioenergy sector. The revised Criteria also move from a feedstock-agnostic approach to a more defined feedstock eligibility framework, reinforcing sustainability safeguards across biomass sourcing.  The revised Criteria also provide guidance and best…

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Global Property Linked Finance Initiative launched to create new global asset class unlocking trillions to fund building decarbonisation and resilience

Stuart Mitchell

The Green Finance Institute (GFI) and the Climate Bonds Initiative (Climate Bonds) have recently announced the launch of the Global Property Linked Finance Initiative (GPLFI) during Climate Week New York City. This landmark initiative aims to scale Property Linked Finance (PLF) into a globally recognised asset class capable of unlocking billions in private capital for net-zero and climate-resilient buildings. PLF is a proven, innovative, financing mechanism that links repayments to the property rather than the owner, enabling long-term, affordable finance for building upgrades and overcoming the barrier of prohibitive upfront…

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