Thursday 7 April 2016

London Stock Exchange joins Climate Bonds initiative

London Stock Exchange Group (LSEG) has become the first organisation of its kind to join the Climate Bonds Partnership Programme.

The initiative supports the growing green and climate bonds market, with partners getting access to detailed data on bond issuance, market insights and opportunities to collaborate on government lobbying and investor education.

It aims to use bond markets to deliver a “rapid transition” to a low carbon and climate resilient economy.

LSEG launched a full range of fixed income segments specifically designed for green bond issuance last July.

CEO Nikhil Rathi added: “London Stock Exchange Group is a committed supporter of green financing and we see the transition to a low carbon economy as a major industrial trend. Developing London as a leading international hub for green finance is vitally important to the city and a key driver behind the launch of our dedicated green bond segments last year.”

“We are delighted to become an official partner of the CBI and look forward to further develop the market place; improving access for issuers, transparency for investors and growing the size and breadth of the green bond sector.”

There are currently 27 green bonds listed on London’s markets in six different currencies.

The UK's first Innovative Finance green ISA was launched yesterday.