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Katimbo-Mugwanya eyes first UK green gilt issuance for EdenTree bond funds
Following Government issuance vow
EdenTree s David Katimbo- Mugwanya has urged HM Treasury to pull the trigger on issuing the UK s first green gilts, with the manager readying himself to participate in the issuance of long-dated bonds of this kind for inclusion in the EdenTree Responsible and Sustainable Sterling and Short Dated bond funds.
In November 2020, Chancellor Rishi Sunak confirmed the UK would move ahead with the country s first sovereign green bond in 2021, entering a market with issuances currently dominated by the European Union..
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