The Climate Bonds Initiative
The Climate Bonds Initiative engages with governments to promote green bonds through several key strategies:
- Policy Engagement and Influence: The Climate Bonds Initiative works closely with governments, policymakers, and regulators to influence positive change by supporting measures that enable investments necessary to address climate change. They help develop sovereign green bond issuance frameworks, such as their work with Italy in creating its green bond framework.
- Development of Policy Recommendations: Climate Bonds assists governments in developing policies that channel private finance towards meeting national climate goals. For instance, they provided recommendations to align private sector financing with Italy’s climate objectives.
- Education and Collaboration: The organization educates governments on the benefits of green bonds and encourages collaboration among governments, financial institutions, and industry stakeholders to promote a large and liquid green bonds market. This includes working with development banks to support a rapid transition to a lower carbon economy.
- Market Integrity and Strategic Issuance: Climate Bonds Initiative advocates for policies that support market integrity, such as maintaining high standards for green bonds. They also encourage strategic issuance by public entities to scale the green bonds market.
- Partnerships and Stakeholder Outreach: Through its Partners Programme, Climate Bonds works with governments and other stakeholders to grow the green bonds market by supporting investor and stakeholder education projects.
These efforts are designed to mobilize global capital for climate action and align financial markets with a 1.5°C pathway.
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