Vital in the race to slow emissions growth is the reduction of greenhouse gas produced by the buildings sector.
It is essential to support investment in Low Carbon Buildings including retrofits and refurbishments of existing commercial, industrial and residential building stocks and new builds with low carbon footprints.
Delivering this transition will require deployment of capital. Bonds have a long history of financing large infrastructure investments, and the USD100trillion bond market can play a significant role in funding this rapid decarbonisation in the buildings sector.
Climate Bonds hosted two webinars in November to outline the role our Low Carbon Building Criteria (LCB) has in establishing the green credentials of low carbon features of bonds, loans and mortgages in the sector, and alignment with emissions standards and objectives, leverages with the bond market, and specifically, mortgages and building loans; to align the building sector with a low carbon objective.
The first webinar covered the application of the LCB to property investments and alignment, in participation with Climate–KIC.
We focused on the difference between second party and third-party verification standards and how investors are increasingly looking for neutral third-party criteria to assess the climate impacts of their investments.
Speakers: Monica Filkova, Head of Market Intelligence & Cory Nestor, Research Analyst
