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How Finance can help stop climate change: Green bonds

Edouard Stenger

Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. If growth was slow from the first green bond issuance to 2012, things have accelerated since. Green bonds are indeed often oversubscribed due to their success.

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NIB issues green bond in Iceland

Environmental Finance

Nordic Investment Bank (NIB) has issued a green bond denominated in Icelandic Krona - its first issuance in the country since 2007.

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AllianceBernstein: Making Sense of ESG-Labeled Bonds

3BL Media

Many investors are already familiar with green bonds, which have been on the market since 2007. Green bonds finance a specific project or projects with an environmentally beneficial purpose. Since then, companies have issued new types of bonds to finance a range of green, social and sustainable projects (Display).

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CDL’s integrated sustainability report 2022 zeroes in on bolder decarbonisation targets 

Corporate Knights

Achieved 42% reduction in carbon emissions intensity from 2007 levels in 2021. Leveraging Green Finance to Accelerate Low-Carbon Solutions. Since issuing its first green bond in 2017, CDL has secured more than S$3 billion of sustainable finance, comprising a green bond, various green loans and a sustainability-linked loan.

Net Zero 144
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CDL's Integrated Sustainability Report 2022 Zeroes in on Bolder Decarbonisation Targets

3BL Media

Achieved 42% reduction in carbon emissions intensity from 2007 levels in 2021. Leveraging Green Finance to Accelerate Low-Carbon Solutions. Since issuing its first green bond in 2017, CDL has secured more than S$3 billion of sustainable finance, comprising a green bond, various green loans and a sustainability-linked loan.

Net Zero 130
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UN: Pandemic causes dip in building emissions, but long-term outlook bleak

Envirotec Magazine

While the level of emissions within the sector are 10 per cent lower than in 2015, reaching lows not seen since 2007, this was largely due to lockdowns, slowing of economies, difficulties households and businesses faced in maintaining and affording energy access and a fall in construction activity.

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CDL Integrated Sustainability Report 2020 discloses ESG performance aligned with global standards, and strategy to accelerate climate action in the built environment

Eco-Business

38% reduction in carbon emissions intensity from 2007 levels ? In the year under review, CDL achieved a 38% reduction in carbon emissions intensity from base-year 2007, meeting its interim 2019 target and firmly on track to achieve its target of a 59% reduction by 2030.