Has the climate for climate bonds changed?
from CFA Institute's Enterprising Investor
A recent report co-authored by HSBC and the Climate Bonds Initiative, titled Bonds and Climate Change: The State of the Market in 2013, is a strong indication that the climate for climate bonds has improved. In the report, HSBC estimates that to transition to a low-carbon economy, $10 trillion needs to be invested globally between 2010 and 2020. At the same time, many global investors now consider the carbon footprint of prospective investments as a part of their analyses when just a few years ago this was a concern for only a fringe segment of investors. How else is the climate for climate bonds different? Many changes are afoot.
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