New Report Finds Slow Growth in Canadian Green Bonds Market Despite Provincial and Federal Government Commitments
(firmenpresse) - LONDON, ENGLAND and TORONTO, ONTARIO -- (Marketwired) -- 10/03/16 -- The Smart Prosperity Institute (formerly Sustainable Prosperity) and The Climate Bonds Initiative jointly released today the fifth annual Bonds and Climate Change Report 2016: .
The report focuses on an important emerging financial area in Canada and around the world - green bonds. International efforts to build infrastructure for the low-carbon economy and to green investment portfolios are expected to translate into growth of the green bond market globally.
"Green bonds have the potential to be a key tool to help finance Canada''s transition to a low-carbon economy and to meet global, national and local sustainability objectives," said Michelle Brownlee, the report''s co-author and Director of Policy at the Smart Prosperity Institute.
The is a special supplement to the Bonds and Climate Change: The State of the Market global report and is prepared on an annual, collaborative basis between Climate Bonds Initiative and the Smart Prosperity Institute. Commissioned by HSBC, the report marks specific highlights from the current year, emerging trends, and identifies specific opportunities for market development of green bonds in Canada.
Key highlights include:
"The market needs strong leadership now. 2016 will be a tell-tale year for Canada. With leadership, 2016 can be the year Canada''s green bond market really goes mainstream," Brownlee said.
"Canada has a unique opportunity to advance on green finance. Large pension fund investors and a well-developed banking and insurance sector can act as building blocks for a domestic and green bonds market to help meet Canada''s climate objectives and emissions goals." said Sean Kidney, CEO, Climate Bonds Initiative.
"This report identifies the key policy shifts that advance investment in smart, clean and green infrastructure on a national scale using green bonds as a financing mechanism," Kidney said.
"In order for Canada''s clean growth strategy to achieve scale and speed, we need a clean growth finance strategy. We estimate the government can help catalyze $100 billion of private sector clean growth investments over the next four years by doing two things: issuing green bond guidelines and providing credit enhancement and or tax advantages for green bonds," said Toby Heaps, from Corporate Knights, report launch partner.
Notes for Journalists:
About the Smart Prosperity Institute: (formerly Sustainable Prosperity) is a national green economy think tank based at the University of Ottawa.
About Climate Bonds Initiative: The is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy.
Full Report may be found at .
Disclaimer: The information contained in this media release does not constitute investment advice and the Climate Bonds Initiative is not an investment adviser. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.
The Climate Bonds Initiative is not advising on the merits or otherwise of any investment. A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind for investments any individual or organisation makes, nor for investments made by third parties on behalf of an individual or organisation.
Contacts:
Smart Prosperity Institute (Toronto/Ottawa)
Mac Radburn
Communications Officer
613.322.6631
Climate Bonds Initiative (London)
Andrew Whiley
Communications Manager
+44 (0) 7506 270 943
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 03.10.2016 - 13:00 Uhr
Sprache: Deutsch
News-ID 1461697
Anzahl Zeichen: 2203
contact information:
Contact person:
Town:
LONDON, ENGLAND and TORONTO, ONTARIO
Phone:
Kategorie:
Non Profits
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 597 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"New Report Finds Slow Growth in Canadian Green Bonds Market Despite Provincial and Federal Government Commitments
"
steht unter der journalistisch-redaktionellen Verantwortung von
Smart Prosperity Institute and Climate Bonds Initiative (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
