Climate change

COP21 session - Green bonds roundtable

10 Dec. 2015
10:15 - 13:00
OECD
Side event

  • Location: OECD Paris Headquarters - Château de la Muette - Room C


Event organised jointly by the OECD and Bloomberg, in association with ICMA and the Green Bond Principles and the Climate Bonds Initiative.

Annual issuance of labelled green bonds tripled from 11 billion in 2013 to reach USD 36.6 billion in 2014, and issuance is expected to grow further in 2015 with USD 39 billion issued by mid-November 2015. The broader “climate-aligned” bond market was valued at USD 600 billion in 2014.

Green bonds have been the subject of increasing government, investor and media interest and expectations due in part to this explosive growth in the market, but also to the success of the Green Bond Principles, the self-regulatory initiative designed to promote transparency and disclosure in the market; and the Climate Bonds Initiative’s Climate Bond Standards; among other market and government-led efforts. The prospect may now exist to align formidable low carbon investment requirements with the trillions of dollars held in global bond markets and in the hands of institutional investors.

In this defining year for climate change policy and low-carbon investment, and in the margins of the end of the final week of COP 21, green bond market participants and their representatives, senior government officials and others gathered for a targeted discussion on the future of the market. Following the opening remarks, a roundtable discussion open to all participants examined the implications of COP 21 as well as the actions that policy makers and the private sector are taking, and need to take, to facilitate and support a green bond market that matures with integrity.

  • By invitation only.

AGENDA

10:45 Keynote remarks
  • Welcome: Rintaro Tamaki, OECD Deputy Secretary-General; Presentation: Christopher Kaminker, OECD
  • Presentation: Lenora Suki, Head of Sustainable Finance Product Strategy, Bloomberg LP
11:15 Partner remarks
  • Martin Scheck, CEO International Capital Market Association (ICMA); Eila Krevi, Head of Capital Markets, European Investment Bank & Chair, Green Bond Principles
  • Sean Kidney, CEO Climate Bonds Initiative
11:30 Roundtable discussion moderated by Simon Buckle, Head, Environment Directorate, OECD
  • Environmental and climate rationale for need to grow the market
  • Views on market growth potential, barriers and enablers
  • The role for market participants
  • The role for government
  • Next steps
13:00 Meeting adjourns
 

GREEN BONDS - POLICY PERSPECTIVES

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