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Australia to Issue Inaugural Green Bond

ESG Today

The government of Australia will issue its first ever green bond next year, joining the growing ranks of sovereign debt issuers participating in the sustainable finance market to help fund their environmental sustainability initiatives, according to an announcement on Friday by Treasurer Jim Chalmers.

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Changing Cities; Changing the World

Chris Hall

The Swedish city of Gothenburg published the last iteration of its Green Bond Framework back in 2019. [9] The Swedish city of Gothenburg published the last iteration of its Green Bond Framework back in 2019. [9] To deliver ambitious environmental goals, Gothenburg uses green bonds to raise necessary funds.

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Commodity AND Security

Chris Hall

Both launched in 2005 after the Kyoto Protocol, these systems led to the monetisation and commodification of carbon via the ‘cap-and-trade’ mechanism. Last year, the value of global carbon markets hit US$851 billion as different stakeholders all flocked to the EU-ETS market, VCMs and VCCs.

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ESG Explainer: China’s Climate Challenge

Chris Hall

China’s green bond issuances are set to exceed US$100 billion this year, according to S&P Global Market Intelligence. The issuance of Chinese green debt, including instruments that meet only local standards, could grow by at least 80% this year after raising US$94.77 of the total amount of green bonds issued.

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IGCC Welcomes Australia-New Zealand Climate Finance Pact 

Chris Hall

Prime Minister Anthony Albanese’s Labour Government has set a legally binding target to cut CO2 emissions by 43% from 2005 levels by 2030, as well as committing to reach net zero emissions by 2050.

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This Week’s People Moves: AXA IM Appoints Head of Inclusion, Diversity and Engagement

Chris Hall

In 2005, he joined DHL and worked in a variety of roles, including Head of Talent Management for India, Head of HR for Sri Lanka & Bangladesh and Director of HR Performance & Programs for Asia Pacific. He also contributed to the drafting of the UK’s Net Zero Strategy and the upcoming UK Government Green Finance Strategy.

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ESG: Process v. Product

Jon Hale

Sustainable bond funds are investing in green bonds and other sustainability-related bonds that will finance climate change mitigation or adaptation, or other positive societal outcomes. Sustainable funds are also evaluating their overall impact and reporting back to investors.