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Recently, the Global Green Bond Partnership (GGBP) has been launched
.
This new initiative supports cities, businesses and financial institutions to accelerate the issuance of green bonds
.
Global Green Bond Partnership launched to accelerate green bond issuance
GGBP will help scale up green bond issuance by mobilizing investor capital through technical assistance, capacity building, risk reduction, investment, and supporting the development of innovation funds
.
Founding members include the World Bank, IFC, Crédit Agricole, the European Investment Bank, the Climate Bonds Initiative, Ceres, ICLEI (Local Government Environmental Action Council), the Global Convention of Mayors for Climate and Energy and the Global Partnership
for Low Emission Development Strategies.
The United Nations estimates that $1.
5 trillion per year will need to be mobilized by 2030 to fully implement the Paris climate agreement
.
Sean Kidney, CEO of the Climate Bonds Initiative, said: "Green reform in the direction of corporate balance sheets and capital spending requires accelerated action
by the world's largest banks, largest emitters and institutional investors.
The international green bond market has now become the platform for this massive shift, with the goal of new capital mobilizing climate resilience and resilience to drive clean energy and green infrastructure
.
”
，
Recently, the Global Green Bond Partnership (GGBP) has been launched
.
This new initiative supports cities, businesses and financial institutions to accelerate the issuance of green bonds
.
Global Green Bond Partnership launched to accelerate green bond issuance
Global Green Bond Partnership launched to accelerate green bond issuanceGGBP will help scale up green bond issuance by mobilizing investor capital through technical assistance, capacity building, risk reduction, investment, and supporting the development of innovation funds
.
Founding members include the World Bank, IFC, Crédit Agricole, the European Investment Bank, the Climate Bonds Initiative, Ceres, ICLEI (Local Government Environmental Action Council), the Global Convention of Mayors for Climate and Energy and the Global Partnership
for Low Emission Development Strategies.
The United Nations estimates that $1.
5 trillion per year will need to be mobilized by 2030 to fully implement the Paris climate agreement
.
Sean Kidney, CEO of the Climate Bonds Initiative, said: "Green reform in the direction of corporate balance sheets and capital spending requires accelerated action
by the world's largest banks, largest emitters and institutional investors.
The international green bond market has now become the platform for this massive shift, with the goal of new capital mobilizing climate resilience and resilience to drive clean energy and green infrastructure
.
”
，
