30 Jun '15, 11am

Green Star - Performance data to accelerate climate bond issuance in Australia - GBCA

Green Star – Performance data will meet the reporting requirements of the Climate Bonds Standard, thanks to a new partnership between the Green Building Council of Australia (GBCA) and the Climate Bonds Initiative. The internationally-recognised Climate Bonds Standard has been developed to help investors determine the best investments for addressing climate change. According to the GBCA’s Chief Executive Officer, Romilly Madew, Australian property owners can now leverage Green Star – Performance data on greenhouse gas emissions to attract new sources of funds from large-scale institutional investors seeking low-carbon assets. “Green bond issuance tripled globally last year to $36.6 billion – and that figure is expected to double by the end of this year. It’s clear that the market is looking for guidance to determine energy-efficient and low-carbon assets that will be susta...

Full article: https://www.gbca.org.au/news/gbca-media-releases/green-st...

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