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UNFCCC recognises green bonds as climate actions ahead of UN COP 21

green-bonds-market

The UNFCCC now recognises green bonds as climate actions ahead of UN COP 21 by adding Climate Bonds Initiative’s data bank to its global climate platform.

Commenting on the recognition, CEO Sean Kidney said: ‘The launch of wide-ranging Climate Bonds Initiative data onto the UNFCCC climate platform is a far-reaching step for investors, bond issuers, and policy makers. It adds further momentum to global efforts to help unlock the necessary capital investment needed to fund the low carbon transition towards the international goal of limiting warming to a maximum of 2 degrees.’

‘Long term institutional investors, global asset owners, managers and bond issuers looking at future investment opportunities that green bonds can provide will be able to track market progress, where bond proceeds are flowing and the latest initiatives via regular updates to the UNFCCC platform from the Climate Bonds Initiative.’

‘Users will now have additional insight and perspective into green bond developments and their growing role within the suite of sustainable investment options. Transparency around market trends via this global platform signals another stage in building a robust investment pipeline for green bonds.’

For further details, please click here to be directed to Climate Bonds Initiative’s Sean Kidney’s post.

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