City of Lights Takes Up Green-Bond Mantle as Acceptance Widens

City of Lights Takes Up Green-Bond Mantle as Acceptance Widens

LAGOS (Capital Markets in Africa) – Paris, where 195 countries reached an international climate accord, is lending its name to a bond market that touts sustainable development, cleaner air and even affordable housing. The City of Lights is the latest entrant to a market HSBC Bank Plc forecasts will expand by $180 billion in 2018, representing a 44 percent increase over this year’s sales and bringing the amount outstanding to $463 billion. France’s capital wants to use…

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Emerging Economies are at the forefront of Moving the World to a Climate-Resilient Clean Economy

Emerging Economies are at the forefront of Moving the World to a Climate-Resilient Clean Economy

LAGOS (Capital Markets in Africa) – Emerging economies are increasingly taking the lead in shifting the world onto a cleaner development path, a senior World Bank official said on Wednesday, pointing to the role of China, India and Africa’s Ethiopia  in pushing down the cost of producing solar power.  John Roome, senior director for climate change at the World Bank, said India had evolved from a decade ago when it was seen as part of the…

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