Climate Bond Standard Launched in London

The Climate Bond Standard prototype was launched  in London on 24 November 2011 by Greg Barker, UK Minister of State for Energy and Climate Change, in front of over 130 guests from the investment and environmental community.

Panel contributions about the future of green bond markets were made by James Cameron (Climate Change Capital), Steve Lambert (National Australia Bank), Christian Kjaer (CEO European Wind Association), Nick Robins (HSBC  Centre for Climate Change) and Sean Kidney, co-founder of the Climate Bond Initiative.

See our new website for more details on the Standard.

Rachel Kyte, Vice President and Head of Network, Sustainable Development, World Bank:

“The World Bank Group is very supportive of the work of the Climate Bonds Initiative; we see it as fundamentally important to the development of green debt capital markets.” 

A fresh initiative

Launched on 14 December 2009, the Climate Bonds Initiative is a global civil society network created to serve as a catalyst for the rapid emergence of Climate Bonds.

Climate Bonds involve large scale issuance of long-term debt to overcome medium term investment barriers preventing the achievement of economies of scale in low-carbon industry sectors. The bonds can finance a global transition at speed and at scale.

Download our (easy-to-read) 4 pager introduction – click here. This will give a picture of who we are, what we’re doing and why.

Download our (easy-to-read, but rather long) 20 page discussion paper – click here. 

Or read about our Climate Bond Standards and Certification Scheme. Or just jump to the FAQs!

The Great Innovation

The bond market is the great innovation that distinguishes western capitalism from previous economic systems. The idea of a climate bond is an extension of the green bond concept. Green bonds are issued by a government or corporate entity in order to raise the finance for an environmental project.    >>>> More