Sentences with phrase «green bonds has»

As interest in green bonds has grown, investing in these instruments has become easier for all investors.
New issuance of green bonds has ballooned over the past few years.
The acceptance of green bonds has helped whet investors» appetite for more kinds of SRI vehicles.
Finance officials say the green bonds would be a part of the province's regular borrowing program, but that portion will be dedicated to environmentally friendly transit projects.
Over the past few years, green bonds have raised billions of dollars to help fund environmental and other sustainable development projects: rapidly growing from $ 1 billion issued in 2012 to more than $ 30 billion in 2014 globally.1
Morgan Stanley's green bond has received a comprehensive review from an independent certification expert in renewables and energy efficiency.
Green bonds have put down roots, with new issues surpassing $ 150 billion in 2017.
What's more, since late 2016, green bonds have outperformed their conventional counterparts, both in absolute terms and on a risk - adjusted basis.

Not exact matches

Unless there is some wrinkle to the green bond plan that has yet to be revealed, this appears to be just a way for the province to load up on debt.
«The worldwide market for green bonds in the last year has doubled, and it's now estimated to be more than $ 346 billion — those are U.S. dollars.»
It is possible there is enough of a demand for «green» debt investments that the province can sell this debt for a higher price than it would get for non-green bonds, thereby reducing their borrowing costs.
Ultimately these green bonds will only truly be successful if they allow the province to finance transit projects at a lower interest rate than would otherwise be the case.
However, there does not appear to be much evidence that the demand for these investments is sufficient to create a yield gap between green and non-green bonds; tellingly, the province has not attempted to provide any information showing that a yield gap exists.
Broader green bond indices, usually an assortment of companies and sectors often unrelated to renewable energy generation, have seen lacklustre returns, much lower than those of appropriately - defined indices.
The green bond market has the potential to surpass its 2016 record deal volume of $ 93.4 billion4, according to market commentators like Bloomberg New Energy Finance.
Sustainable investing may have been dominated by stocks in the past, but that may be changing as the green bond market continues to become more attractive to both retail and institutional investors.
The World Bank alone has issued over $ 8.5 billion in green bonds in 18 currencies since 2008.
Morgan Stanley has set - up sales and trading platforms specifically to ensure that a broad range of retail investors have access to new issue allocations and to the most liquid green bonds in the secondary market.
The International Capital Markets Association has sought to remedy this with a Social Bond Guidance appendix to its already industry - standard Green Bond Principles.
Other countries like Mexico, India and Brazil have also moved to develop domestic green bond markets.
An active manager has the capacity to generate financial and societal alpha through the green bond selection process.
Considering the high correlation between green bonds and core fixed income, investors have the possibility to reallocate part of their core fixed income allocation to green bonds in order to increase diversification and «green» their portfolio with a minimal impact on the risk / return profile of their portfolio.
As of today, not all green - labelled bonds do have this clear positive impact.
Corporations have been increasingly drawn to green bonds to support sustainability initiatives and clean energy projects.
Historically, the green bond market has been driven by supranational development organizations, including the World Bank and International Finance Corporation (IFC), and they continue to be the most active issuers.
Green - bond issuances have been growing, even if there's no precise definition of what a «green bond»Green - bond issuances have been growing, even if there's no precise definition of what a «green bond»green bond» is.
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (TSX: RY; NYSE: RY), is pleased to join the second wave of international banks that have signed onto the Green Bond Principles...
2014.04.14 RBC Capital Markets signs onto the Green Bond Principles, hosts Green Bond Conference in Toronto RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (TSX: RY; NYSE: RY), is pleased to join the second wave of international banks that have signed onto the Green Bond Principles...
Ontario has successfully issued the largest green bond in Canadian history, raising $ 1 billion for infrastructure projects in communities across the province that will help reduce greenhouse gas emissions and fight climate change.
Several of these transactions have included notable industry landmarks, including the first - ever corporate green bond, the first - ever automobile asset - backed securities green bond and the first - ever U.S. university green bond.
Morgan Stanley's first - ever green bond issuance and the broader growth across the market reflect what has become fertile ground for green bonds, which are similar to other fixed income instruments except that the proceeds are directed toward specific projects that address environmental issues.
«This is Renovate America's fifth PACE securitization, but it's the first time it has designated it a green bond,» says Ricardo Rodriguez in Morgan Stanley's US capital markets group.
Now we've seen bespoke deals in asset backed securities and even green bonds in the Hong Kong Dim Sum market.»
«The pace of issuance and the diversity of borrowers this year has shown that the green bond market has come of age,» says Andrew Salvoni, in Morgan Stanley's London debt capital markets division.
Over the recent weeks, there has been much debate about the notable increase of issuance in the fledgling green bond market.
The paper has been developed by a working group comprising public sector green bond issuers from the four Nordic countries Denmark, Finland, Norway and Sweden.
Government regulators and stock exchanges have played a pivotal role in the development of green bonds in China.
Several important institutional investors (with BRL 1.8 tn AUM) have signed the «Brazil Green Bonds Statement», an initiative of the Climate Bonds Initiative (CBI), Principles for Responsible Investment (PRI) and SITAWI Finance for Good.
A group of ten Nordic public sector issuers have released a joint position paper on green bonds impact reporting.
The global increase in environmental awareness has led to a marked rise in the appetite for green bonds and this an opportunity for green Sukuk issuances says...
For example, the Bloomberg Barclays Green Bond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account for the boom in green bond issuance over that peGreen Bond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account for the boom in green bond issuance over that perBond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account for the boom in green bond issuance over that pegreen bond issuance over that perbond issuance over that period.
The market has yet to reach critical mass, but given the kinds of projects funded by state and local governments, «the market should be a natural issuer of green and social impact bonds,» notes Victoria Irving, Equity Strategist for the Global Sustainability Research team.
EU - wide policy objectives and the backing of sovereign states — both Poland and France have done their own sovereign green bonds in the past six months — is said to be driving a broader openness to sustainable products among European corporates.
«We would like to see more asset - backed or corporate green bonds, since issuance has been limited, and we are interested buyers,» says Delmar King, fund manager at Praxis, the investment arm of Everence Financial of Indiana.
This was revenge for Green, and it shows how quickly he and Durant have bonded over the course of a year.
Legislature Majority Leader Peter Harkham said the measure, when signed by the county executive, would allow eligible municipalities to submit spending proposals that would use Qualified Energy Conservation Bonds to implement Green Community Program projects for properties.
«The Erie County Control Board played a crucial part in improving the financial health of the county and minimizing burden felt by the taxpayers following the «Red - Green» budget, but as Erie County's bond rating continues to improve and the local economy becomes increasingly diversified the control board has taken on a purely advisory status» said Legislator Patrick Burke (7th District).
According to him, his administration also issued the first green bond that would act as a catalyst for investments in renewable energy and afforestation projects «as we have established the Agro Rangers Unit within the Nigeria Security and Civil Defence Corps to protect the investments recorded in agricultural sector across the country.»
• The «Green Bond» space has grown from a boutique $ 1B in 2011 to $ 36B in 2014, with an anticipated $ 100B of issuances this year.
Thus far, the EIB has raised $ 9 billion in green bonds, financed partly with investments from pension funds and insurers.
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