Originally posted by sabine:
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You’re swift my247shop ….!!!(good enough to pitch an elevator summary to all the highest bankers in the land?) “it’s not a matter of ‘if’, it’s a matter of ‘when’.
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Australia issues inaugural $7b green bond - Energy Today (energytodaymag.com.au) The Australian Government has taken a major step towards net zero emissions by 2050 with the issuance of its inaugural $7 billion green bond.
The bond attracted strong global demand, with over $22 billion in bids from 105 investor institutions across Australia, Asia, Europe and North America.
The proceeds from the green bond will fund a range of projects that support climate change mitigation, adaptation and environmental outcomes. This includes initiatives like green hydrogen hubs, community batteries, clean transport infrastructure and biodiversity conservation programs.
“The global energy transformation represents a golden opportunity for Australia and this bond is pulling more global and domestic green capital into financing that opportunity,” s said.
“Money raised will back projects that will help make Australia an indispensable part of the global economy and bring new jobs to communities all around the country.”
The government said the over-subscribed bond issue confirms Australia as an attractive destination for international green investment capital.
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