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Climate bonds for hydropower

Climate bonds and green bonds are examples of the emerging instruments for green finance and investment in the energy sector that could be used for hydropower.  They are fixed income loans created to specifically finance and refinance projects and assets that help address environmental and/or climate risks and shift investment to a low carbon, sustainable economy. In 2016, over USD 80 billion of labelled green bonds were issued, nearly doubling the previous year but the market is still in its infancy

Last year the Climate Bonds Initiative, an investor-focused not-for-profit launched a Hydropower Technical Working Group to develop criteria for climate-compatible hydropower investment.  The group is taking a robust science-based approach to develop simple and transparent criteria that identifies hydropower investments and assets which deliver climate mitigation and incorporate measures which address resilience and adaptation impacts.  The draft criteria are expected to be published by mid-2017 for public consultation and be ready for use by the market in 2018.

IHA will join representatives from industry, the finance sector and various international NGOs, to discuss the objectives, scope and emerging outcomes of the working group and what it will mean for the future of hydropower project financing.

Focus session

Click a speaker's name or picture for more information:

Kelly Malone
Managing Partner, King & Spalding
Richard Taylor September 2017
Chief executive
Coordinator of Water Initiatives, IUCN Water Programme
Anna Creed
Head of Standards, Climate Bonds Initiative
Pravin Karki
Senior Hydropower Specialist, World Bank Group
pedro jatoba
Superintendent of Foreign Operations, Eletrobras