Hello from Washington DC!
Personal notes from the 2016 Annual Meetings of World Bank IMF.
The 2016 annual meetings of World Bank and IMF recorded a raise in populism and antiglobalization.
The green bonds issuance rose from just 3$ billion usd to 42$ billion usd in 2015. The issuance countdown double this year with the issuance ranging from US regional authorities raising funds domestically to invest in water projects to Indian and Chinese corporates (page 34).
Nevertheless the field has yet to clarify and offer a standard definition and frameworks and other necessary infrastructure for local and cross-border markets. The international term sheet which clarifies standardized terms and conditions for green bonds.
In late 2015 the Financial Stability Board established an industry-led Task For e to develop recommendations for voluntary, consistent, comparable, reliable and clear disclosures around climate-financing risks and products.