The proposed International Standards and Certification Scheme for Climate Bonds is open for public consultation. The Scheme will be aimed at mobilising investment from the private sector to help address the challenge climate change. Climate Bonds are themed asset-backed or ring fenced bonds issued to raise finance for climate change mitigation or adaptation related projects or programs.
Climate Bonds Standards will help grow the market by:
- Providing assurance for investors about the environmental integrity of climate bonds.
- Providing governments with an easy-to-use tool to preference investments.
- Supporting liquidity in secondary markets
No comments:
Post a Comment