In France, Climate Bonds and UNEP Inquiry have launched Scaling Green Bond Markets – Guide for the Public Sector during a COP21 Side Event at Shearman & Sterling Paris office. The Guide is the result of a partnership between the Climate Bonds Initiative and the UNEP Inquiry into the Design of a Sustainable Financial System and contains range of specific actions for policy makers in both developed and developing economies.
Accompanying Scaling Green Bond Markets – Guide for the Public Sector is an Annex from the World Bank Group as an additional resource for policymakers in emerging economies to assist them in foundational bond market development.
Detailed action plans & international best-practice examples on how to grow green bond markets are included to assist in policy development. The application and mix for each country will depend on the specific macroeconomic context and policy priorities.
The findings of this report will also feed into an OECD report on green bonds, to be launched in 2016, and country-specific policy reports under development by the Climate Bonds Initiative.