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This is supported by findings published in their most recent report (2021), which described a 21% increase in emerging market (ex-China) greenbond issuances from 2019 and a total of $40billion emerging market greenbond issuances in 2020. What is the potential of greenbonds to address this imbalance?
"They create a virtuous ESG Loop, where goal-setting, bench-marking and course-correcting reinforce sustainability," wrote Richard Peers, founder at ResponsibleRisk Ltd, a London-based consultancy, in the blog Finextra. We’ll focus, as my learning journey did, primarily on ESG investing and greenbonds and loans.
Having grown to enjoy working on the financial aspects of energy – especially business modelling and the aforementioned Monte Carlo method – I was pleased to see that what can be called Green Finance is booming these days. My research for the greenbonds article have shown this.
Even after the 26th United Nations ClimateChange Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. This may entail extensive policy, legal, technology and market changes to address mitigation and adaptation requirements related to climatechange.
It is estimated that 40 percent of the world population is already experiencing water scarcity and as the global climate keeps on warming and weirding, this situation will most unfortunately worsen and spread. I have blogged previously about the Altered:Nozzle and the Nebia shower head and its 70% percent water usage reduction.
Chris Ahlfeldt (CA): Studying Energy Systems Engineering at Stanford University sparked my passion for clean energy and sustainability solutions that can help address climatechange. They have limited access to financing that would allow them to invest in distributed generation and energy efficiency solutions.
In related news, NatWest Group issued this week the first bond by a UK bank dedicated to financing and re-financing electric vehicles (EV), raising net proceeds of €750 million (US$811.4 The EV GreenBond originated from the group’s asset finance arm – Lombard.
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