Wed, Apr 24, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Europe's green-bond issuance flourish

Monday, April 01, 2019

Laxman Pai, Opalesque Asia:

Sovereigns in Europe are increasing their issuance of green bonds to tackle climate change and facilitate finance for sustainable growth and investment.

Three new entrants in 2018, and another expected soon in 2019, will take the number of European sovereigns issuing green bonds to six, according to DBRS, a global credit rating agency.

Although still modest in scale, sovereign green bonds are meeting a growing demand from investors with an environmental mandate and a long-term investment horizon, thus helping to deepen the market for "green" finance.

In addition to helping deepen the market for sustainable finance and supporting the achievement of climate goals, sovereign green bonds can help governments diversify their investor base and lengthen debt maturity profiles, in DBRS's view.

Key highlights

The Netherlands plans to issue its first sovereign green bond in May 2019. It follows Belgium, Lithuania and Ireland, which issued sovereign green bonds in 2018. France and Poland have been in the sovereign green bond market, since 2017 and 2016, respectively.

Looking at the green bond market worldwide in 2018, including all issuer types, the United States led the market followed by China, according to Climate Bonds Initiative (CBI).

But, six European countries took the next places in the ranking: France, Germany, Netherlands, Belgium, Sweden, and Spain. Of the top 15 green bond markets, ten are European countrie......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutional Investors: Here's how much public pensions are in the hole by per U.S. resident, Swedish pension giant awards $1.5bn PE mandate, CalSTRS on lookout for private equity investment consultants, Baltimore Fire & Police commits to LaSalle value-added real estate fund, US, European institutional investors plan to pile into China's capital markets, survey finds[more]

    Here's how much public pensions are in the hole by per U.S. resident From Value Walk: A lthough some government agencies have demonstrated a desire to deal with the pension crisis, the problem of unfunded liabilities continues to get worse year after year. A new report pegs U.S. public pe

  2. YieldStreet acquires Carlyle-backed Athena for $170m to add art financing to its alternative investment platform[more]

    Laxman Pai, Opalesque Asia: Yieldstreet, a closely held digital wealth management platform, acquires Athena Art Finance from Carlyle Group and co-investors in a deal valued at $170m. With this acquisition, YieldStreet, which raised $62m in February to further open to a wider base of investors

  3. Europe: KKR strikes hedge fund gold with British billionaire pair, Net outflows continue at Swiss asset manager GAM, Swiss fintech launches hedge fund platform, Cash-flush buyout firms target Europe in take-private scramble[more]

    KKR strikes hedge fund gold with British billionaire pair From Bloomberg: A pair of 200-year-old wooden elephants adorn the London lobby of one of the financial world's biggest beasts. The carvings guard the Chelsea office of fast-growing $39 billion hedge fund Marshall Wace. Co-foun

  4. News Briefs: DE Shaw to revert to '3 and 30' model as cost pressures bite, Lyft's IPO disaster is good news for tech IPOs, Jones Zafari group: The 'virtual family office' comes of age, The rise of 'super carry' unsettles private equity investors[more]

    DE Shaw to revert to '3 and 30' model as cost pressures bite From FT: DE Shaw is ratcheting up the cost of its flagship $14bn hedge fund despite falling fees across the asset management industry, highlighting the still-ravenous demand enjoyed by top quantitative investment groups.

  5. Performance: BlueMountain was one of the biggest losers of the first quarter[more]

    From Institutional Investor: BlueMountain Capital Management - the hedge fund firm fighting a proxy battle over the future of bankrupt California power company PG&E - has another problem.Its main fund, BlueMountain Credit Alternatives, is down 4 percent for the year through April 5, according to HSB