climate bonds initiative - creditworthiness by sean kidney at gib summit

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Green City Bonds

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Presented at the 4th Global Infrastructure Basel Summit 21 & 22 May 2014. Read more about the world leading platform for Sustainable Infrastructure Finance at www.gib-foundation.org. Next Summit: 27 & 28 May 2015 in Switzerland

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  • 1. Green City Bonds

2. Total climate investment equaled $359 billion in 2012 and not nearly enough. $5 trillion min needed through 2020 Thats roughly the same as the year before. Were falling further and further behind globally agreed goals for safe emissions levels. The investment gap 3. Green Bonds are where proceeds go to qualifying green investments. The labelled Green and Climate Bond market is so far 90% asset-linked, modelled on the European Investment Bank Climate Bonds and World Bank Green Bonds. Green Municipal Bonds have been issued in USA, France and Sweden. Johannesburgs Green Bond to go to market this month. Green Labelled Bonds are growing fast Qtr1 9bn USD 4. Green Bond Principles 5. Four linked projects North American Green Munis North American Green Munis EU Green City Bonds EU Green City Bonds China Green City Bonds China Green City Bonds Emerging Market Green City Bonds Emerging Market Green City Bonds 6. Potential Green City Bond issuers 7. Internationally recognized green definitions Standards & Certification from investor-led Climate Bond Standards Board 8. www.climatebonds.net @ClimateBonds