Deals

Evidence on ‘greeniums’ mixed, but momentum promising

Green bonds do not yet offer cheaper funding than conventional comparables, according to a report from the Climate Bonds Initiative (CBI) and the International Finance Corporation (IFC), even if momentum reflected in moves from IPTs and secondary performance – notably on an Apple bond – suggests a positive future.

Initiatives

European Green Securities Steering Committee sets out priorities

The European Green Securities Steering Committee – an industry-wide committee jointly convened by the Climate Bonds Initiative and the European Covered Bond Council, with the support of the UNEP Inquiry – mapped its priorities for the coming 12 months at an inaugural meeting last Thursday (29 June).

Featured

Covered, save the planet!

An environmental think-tank has suggested that covered bonds backed by renewables could help alleviate a shortage of funding for the greening of the world’s energy resources. Chiara Francavilla explores the issues and challenges surrounding the Climate Bonds Initiative’s proposal.