Green Bonds for a sustainable future

19 Jan 2023 CW Team

This bond created the blueprint for today’s green bond in terms of the criteria to be followed to be classified as one. While drafting the product, financial and environmental teams interacted, understanding and addressing their respective concerns, to ensure that the bond meets the objective with which it was designed. This included criteria like opinion from recognised climate research institutions, transparency and impact reporting.

This bond established that it is possible to raise funds at competitive rates for environmentally sustainable projects and that there is a large pool of investors willing to invest in such bonds.

A recent analysis by McKinsey suggests a total of $ 9 trillion in green investment is needed each year to reach netzero by 2050. This figure is higher than some other estimates but provides a headline reference against which to compare current investment levels. Sean Kidney, CEO, Climate Bonds, has estimated an annual $ 5 trillion in green bond issuance by 2025 as the next global milestone that governments, policymakers and investors need to reach as the necessary contribution to achieve our climate goals.

Together, with equity flows and sovereign outlays, the investment projected by McKinsey should be achievable.

To read the full article, CLICK HERE.

Somewhere in 2006, Swedish pension funds concerned with global warming and environmental degradation were looking to diversify their portfolio to include investments in environment-friendly projects that would not carry additional risk. They could not find any such instruments. This led them to explore the possibility of creating an instrument like a regular investment product in terms of yield, security, risk and maturity, while addressing concerns related to the environment. After many discussions with stakeholders, the draft of an instrument was prepared. With this, investors approached the World Bank within a month of deliberations, the Bank accepted the concept and worked out the details and the first ‘green bond’ was born in 2008. This bond created the blueprint for today’s green bond in terms of the criteria to be followed to be classified as one. While drafting the product, financial and environmental teams interacted, understanding and addressing their respective concerns, to ensure that the bond meets the objective with which it was designed. This included criteria like opinion from recognised climate research institutions, transparency and impact reporting. This bond established that it is possible to raise funds at competitive rates for environmentally sustainable projects and that there is a large pool of investors willing to invest in such bonds. A recent analysis by McKinsey suggests a total of $ 9 trillion in green investment is needed each year to reach netzero by 2050. This figure is higher than some other estimates but provides a headline reference against which to compare current investment levels. Sean Kidney, CEO, Climate Bonds, has estimated an annual $ 5 trillion in green bond issuance by 2025 as the next global milestone that governments, policymakers and investors need to reach as the necessary contribution to achieve our climate goals. Together, with equity flows and sovereign outlays, the investment projected by McKinsey should be achievable.To read the full article, CLICK HERE.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..