Having placed high on its agenda the promotion of Sustainable Financing through Green Bonds as well as Responsible Corporate Governance, the Institute of Energy for SE Europe (IENE), in partnership with the UK's Climate Bond Initiative (CBI) and under the auspices of the British Embassy in Athens, is organizing a morning conference in April 5th in Athens in order to explore «Green financing opportunities in Greece and SE Europe»Having placed high on its agenda the promotion of Sustainable Financing through Green Bonds as well as Responsible Corporate Governance, the Institute of Energy for SE Europe (IENE), in partnership with the UK's Climate Bond Initiative (CBI) and under the auspices of the British Embassy in Athens, is organizing a morning conference in April 5th in Athens in order to explore «Green financing opportunities in Greece and SE Europe» with the help of leading experts and senior market executives from Greece and abroad.
The Climate Bonds Initiative (CBI) is an international organisation working to mobilise global capital for climate action. CBI achieves this through the development of the Climate Bond Standard and Certification Scheme as well as through Policy Engagement and Market Intelligence work. CBI empowers its partner organizations with the necessary tools and knowledge to navigate, influence and instigate change.
As more and more companies are incorporating sustainability criteria into their business strategy in order to effectively manage global challenges and risks and ensure long-term prosperity, there is growing interest in alternative financing methods. Disclosure of non-financial information ESG has become a particularly important tool, as transparency in relation to these indicators makes businesses more attractive to investors, acts as a risk aversion measure, facilitates companies access to finance and makes them more competitive.
Complementing the ESG strategy and criteria for sustainable financing, “Green Bonds” have emerged of late as a smart tool for attracting funding for specific projects and clean energy technology applications. The Green Bond market kicked off in 2007 with the AAA-rated issuance from multilateral institutions European Investment Bank (EIB) and World Bank. The green bond market has since seen spectacular growth, with the market really starting to take off in 2014 when USD37bn was issued. In 2018, issuance reached USD167.3bn, setting yet another record. Cumulative Green Bond issuance to date amounts to US$ 2.203 trillion, while 2023 issuance until the end of January stood at US$ 25.3 bn.
The purpose of this IENE conference is, on the one hand, to inform on the financing of green investments through the issuance of green bonds and the characteristics of such bonds, and on the other hand, to explore opportunities for the issuance of green bonds to fund particular projects in Greece and SE Europe. Top experts and senior market executives from Greece and abroad will be participating in the conference.
This half day conference will take place at the prestigious Athens Club on Wednesday, April 5, 2023, and will run from 9.00 to 14.00 followed by lunch. For further information about the conference, it’s progrramme and registration, please follow the link.
