There is $147 trillion of private institutional investor capital in the world, according to IFC. Much of this amount is located in developed markets and Organisation for Economic Cooperation and Development (OECD) countries alone account for $84 trillion.
I translate Africa for the developed countries and the developed countries to Africans.
Goal? Make them "Get it".
Developed countries mainstream institutional investors commonly have little exposure to emerging markets bonds and long-term infrastructure financing projects, possibly due to the scarcity of appropriate investment opportunities.
Enter Elmat: Show how to create bankable projects and
Elmat: We need to dress ourselves as "Green" to be able to access Green Bonds.
Jean Marie Masse, chief investment officer, Financial Institutions Group, at IFC told International Finance that leveraging this capital remains a challenge.
In the developed world policy makers, issuers, and investors have mobilized green bond issuances. The European Union (EU) took significant steps through a proposal for an EU Green Bond Standard. However, a similar mobilisation is missing in the emerging markets and investors are not aware of such investment opportunities, says Masse.
Look this here: Big hogging of Green Bonds by the data centers' mmajor
Equinix Issues More Than $750 Million in Green Bonds to Drive Sustainability Initiatives
With the latest offerings, Equinix will have issued $5.6 billion of green bonds, making it one of the top 10 largest U.S. corporate issuers in the investment-grade green bond market
Green Bonds Funding Sustainable Projects at Digital Realty
Vantage Data Centers raises $1.35bn in securitized notesCompany's largest debt transaction will be used to refinance eight data centers
The funding also includes a Green Bond designation from Morningstar Sustainalytics. This means that the financing can be used for the following categories: Green buildings, energy efficiency, climate change adaptation, renewable energy, pollution prevention and control, sustainable water and wastewater management, research and development. In addition, Vantage's data centers must aim for a PUE of 1.5 or below, based on a tenant utilization of 50 percent or greater.
With regard to why the emerging markets lag in Green Bond issuances and investment, Jean Marie Masse of IFC points to the lack of clear environmental, social, and governance (ESG) management practices in emerging markets.
“IFC has identified a gap in the market: the absence of a global standard on green bond external reviews. As a result, green bond investors often receive incomplete or incomparable information across their green bond investments.
I will keep the thread posted. |
