One of the panel discussions at the Renewable Cities Global Learning Forum was essentially a big call to action, or several different calls to action. Moderated by Stefan Schurig of the World Future Council, who I had a great one-on-one conversation with right before the panel, kicked off the session with the perfect topic … [continued]
Financial offerings by renewable energy companies are quite a hit globally these days. The latest example of the success that companies have been able to secure in raising funds is from the US-based solar panels manufacturer SunPower. SunPower recently raised $400 million by offering debentures. The financial instruments were offered … [continued]
Saturday saw the long-awaited COP21 UN climate summit succeed in adopting a new climate change agreement, causing a frenzy of responses from officials, businesses, and climate organisations around the world. Below are several notable responses. — “In my first inaugural address, I committed this country to the tireless task of … [continued]
The world’s fourth largest bank by total assets, HSBC Holdings, has finally entered the rapidly expanding global green bonds market. Only days after announcing that it will create a portfolio worth $1 billion to invest in green bonds to support renewable energy and sustainability projects, HSBC Holdings floated is first … [continued]
The global green bonds market had another blockbuster month in November, issuing more green bonds than any month so far this year. According to the Climate Bonds Initiative, green bonds worth $7.4 billion were issued during November, topping the October total of $5.19 billion. With the November issuance, the cumulative … [continued]
IDBI Bank has become India’s first public-sector bank to raise funds through green bonds in a testament of the hugely attractive renewable energy market in the country. IDBI Bank recently announced that it raised $350 million in green bonds. The issue was subscribed 3.14 times over, with prospective investors willing to … [continued]
Financial as well as non-financial institutions and agencies continue to partner with the Climate Bonds Initiative to increase their presence in the global green bonds market. The Climate Bonds Initiative recently announced that EY (formerly Ernst & Young), one of the world’s leading auditing firms, and Thompson Reuters, a leading … [continued]
The global green bonds market continues to expand into the developing countries which hold immense potential to attract several new investors. Mexico’s state-owned development bank Nacional Financiera S.N.C, or Nafin, recently issued the first green bond of the country. The bank issued bonds worth $500 million for a coupon rate … [continued]
The prospects of spectacular growth in the global green bonds market has attracted more and larger investors. The latest large investment house to join the green bonds crusade is BlackRock. The world’s largest investor has partnered with the Climate Bonds Initiative to support the development the global green bonds market. BlackRock … [continued]
As expected, 2015 will see a record issuance of green bonds, and after a lean September, October has seen a record monthly issuance, making it the best month for the green bonds market this year. According to the green bonds issuance tracker Climate Bonds Initiative, October has already seen issuance … [continued]
