The idea of green bonds or climate bonds is in fact quite simple: issue a bond and earmark the proceeds to green assets and investments. Make sure you’re transparent about what you’re doing and report back. Bingo. Sit back and bask in the glow of new investors, happier existing investors and burnished reputation.
We like people to feel good about issuing their green bonds because one of the things we’re trying to do in this market is draw attention to good work to address climate change where and when it’s already going on, and to encourage more.
But the practical reality of issuing and investing the first time can be a little more complicated. We’ve spent a lot of time over the past year talking to and supporting would-be issuers (and investors) in Europe, North America, Australia, India, China and so on. But demand is still way outstripping supply – which is a truly glorious thing – so we are scaling up our efforts to support people in getting their first bonds to market.
To that end three new very experienced people have just joined our Advisory Team:
Manuel Adamini. Manuel has been head of responsible investing at Dutch EUR 55bn asset manager ACTIAM for seven years (he still supports the company as a Special Advisor). While at ACTIAM, Manuel secured CIO approval to commit EUR 1 bln to green / climate bonds. He writes on green bonds, is a regular conference speaker on the topic, is fluent in multiple European languages apart from his native German, and is based in the Netherlands.
As well as managing Europe & USA Partner support, Manuel is coordinating our global institutional investor programs. manuel.admini@climatebonds.net
Rob Fowler. Rob has been leading the work on version 2.0 of the Climate Bonds Standard. He has 12 years of experience in low-carbon and green investment, and a background in strategy consulting with firms such as LEK Consulting and Booz & Company. His clients have included major corporations, international banks, the UNFCCC, national and provincial governments, service providers, industry associations and non-profit organisations. He’s currently based in Australia; during his professional career he has lived and worked in Shanghai, Singapore, Bangkok and East Kalimantan.
Rob is lead advisor to would-be issuers and others on the Climate Bonds certification process, as well as Asia-Pacific manager of Partner support. rob.fowler@climatebonds.net
Darius Nassiry. Before joining Climate Bonds Darius was advisor to the Director-General at the Global Green Growth Institute (GGGI), and led the international cooperation team during its transition to become an international organization. Prior to GGGI, he focused on clean technology and renewable finance with Norfund and the Center for Global Development. Earlier he helped develop investment programs in Asia with the Millennium Challenge Corporation, where he launched their climate change initiative. He began his career as a diplomat and investment banker. He's now based in Gothenburg.
Darius focuses on helping multilateral development banks, governments and international organizations develop policy and investment actions to advance climate bond investment. darius.nassiry@climatebonds.net
If you want to talk through your options, how to issue, or other issues, do email.
If you’re in Oslo, you can catch Manuel speaking at the INTPOW Renewable Energy Forum on 22 September.
In Melbourne, Rob is moderating a panel at the IGCC Summit on 6-7 October.
