LGX Expands To Welcome Climate-Aligned Issuers Date
25/02/2021
In the presence of Climate Bonds Initiative’s CEO Sean Kidney, the Luxembourg Stock Exchange (LuxSE) today announced the latest development of the Luxembourg Green Exchange (LGX): a brand-new section of LGX dedicated to Climate-Aligned Issuers (CAI), built on Climate Bonds Initiative’s issuer screening and research. As the world’s leading platform for sustainable finance, LGX is now adding to its labelled bonds section a new section dedicated to issuers of debt securities that are active in climate-aligned sectors such as clean energy, low-carbon transport and sustainable land use, but that may not have issued bonds in the labelled format.
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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21 Jan, 2021 Author David FelibaRehan Ahmad
In the face of a sharp economic downturn spurred by a pandemic, 2020 was still a very good year for green bond issuances in Latin America.
The amount of funds raised in the region through the environmentally focused instruments totaled $7.82 billion, up 68.7% compared to 2019. And experts expect that growth to continue. Demand remains strong for 2021, for both use-of-proceeds green, social and sustainable bonds but also the newest ESG bond label, Sustainability-Linked Bonds. said Marilyn Ceci, global head of ESG Debt Capital Markets at J.P. Morgan.
Green bonds are the fastest-growing asset class globally, according to Sean Kidney, head of the Climate Bonds Initiative. While he acknowledged that growth continues to be a patchy story in Latin America, Kidney argued that the case has become stronger for regional countries looking to tap environmentally conscious inv
Podcast: How mobilising capital markets could drive decarbonisation of heavy industry
Decarbonising heavy industrial emitters is seen as a major challenge in the net zero transition
Climate Bonds CEO Sean Kidney and Decarb Connect founder Alex Cameron discuss the growing role for transition bonds in unlocking investment for tackling carbon-intensive sectors of the economy
With the Green Bond market delivering $1tr of investment, what opportunity could a new category of bond bring to companies trying to engineer a transition of hard to abate assets? How can capital markets be mobilised further to drive change in industries that need finance of a scale that matches the Paris agreement ambition?
Companies must listen to scientists and align their plans to reach net zero targets with a global pact to fight climate change, executives told a Reuters Next conference on Monday.