Nikko to launch World bank Green Bond Fund
Posted on 28. Jan, 2010 by Sean Kidney in blog
What’s unusual about this fund is that Nikko AM say they’ve developed the fund in cooperation with the World Bank, and they only invest in World Bank Green Funds, offered in a variety of currencies.
An interesting niche; they are confident of investor support within Japan. Worth noting that the country has already soaked up a series of World Bank Green Bond offerings.
What about Europe or the US?
Canadians mulling Green Bonds
Posted on 20. Jan, 2010 by Sean Kidney in blog
British Columbia’s opposition party, the New Democrat, have announced a plan to issue Green Bonds to stimulate job growth and the new Green economy, as well as reduce greenhouse gas emission.
New World Bank retail green bond
Posted on 18. Jan, 2010 by Sean Kidney in blog
The World Bank has just done another NZD 75mm Green Bond, tailored for individual (retail) investors in Japan. They are billing them as “An innovative way for Japanese investors to help combat climate change through a high
quality bond investment”. The lead manager is Daiwa.
Nomura selling Nordic IB enviro bonds
Posted on 13. Jan, 2010 by Sean Kidney in blog
Nomura Securities Co. has announced that it will start selling environment-related bonds issued by Nordic Investment Bank on January 22.
Nordic’s three-year bonds will be available in the New Zealand dollar and South African rand, with funds expected to be applied to loans for renewable energy and many other environmental projects.
Japanese media are referring to the bonds as “green bonds”, a sign of local interest in such issues.
Site has been updated
Posted on 06. Jan, 2010 by Sean Kidney in blog
A number of proposals for discussion have been added. For example, see http://climatebonds.net/proposals/energy-efficiency/