first_imgThe remaining 10% is split between construction and energy-efficiency projects, waste, pollution and water-themed investments or agricultural and forestry-related developments.Germany’s Kreditanstalt für Wiederaufbau was one of the largest issuers of labelled green bonds over the period surveyed, selling $4bn within its first year active in the green bond market.The UK’s Transport for London, with all of its issuances falling within the climate bond sector, also issued £400m (€564m) worth of green bonds in 2015.The number of green bonds trebled compared with 2013, from $11bn to $36.6bn.The Climate Bonds Initiative said it was expecting total issuance to hit $70bn by the end of 2015.The state of the market report, commissioned by the HSBC Climate Change Centre of Excellence, also found evidence of greater diversification in the types of bonds being offered.It noted that the US state of Hawaii issued an asset-backed green bond, while BerlinHyp established the market for green covered bonds with a €500m issuance in May 2015.The report laid out 10 steps to grow the market, throwing its weight behind the pooling of smaller-scale carbon-reducing projects, such as rooftop solar panels.The securitisation market, it said, could boost activity in this area.“This includes encouraging deal flow of green loans suitable for subsequent securitisation, supporting financial warehousing of loans and providing credit enhancement for securitisation issuance,” it said. “These supports can be made conditional on loans using standardised contracts. This would speed up the standardisation process for low-carbon assets such as energy-efficiency loans.”Last year, the Climate Bonds Initiative conceded the climate bonds market was not quite developed enough to warrant the launch of dedicated indices. The climate bond market has grown by 20% over the last year, with a large part of the growth stemming from an increase in labelled green-bond issuances.The Climate Bonds Initiative estimated that the market for climate-related bonds stands at nearly $600bn (€545bn), consisting of $531.8bn in unlabelled climate-aligned bonds and $65.9bn in labelled green bonds.Sean Kidney, the organisation’s chief executive, said the development showed institutions could now invest in a “large and liquid” universe of fixed income holdings.With more than 90% of bonds investment grade, the large majority of issuances – $418bn – relates to low-carbon transport projects, followed by clean energy projects, which account for 20% of the universe.last_img read more

first_img Paris: Paris Saint-Germain star Kylian Mbappe fuelled speculation surrounding his future on Sunday, saying that he wants “responsibilities, maybe at PSG, maybe elsewhere”. The 20-year-old backed up his excellent 2018 World Cup, where he scored four times as France won the trophy, by netting 38 times for PSG this season.He was named as the Ligue 1 player of the season on Sunday, but did not deny that a potential move away from France could be in the offing.”It (the award) is an important moment for me, a turning point in my career… The moment of having more responsibilities, maybe at PSG, maybe elsewhere,” he told BeIN Sports.Mbappe did not back down on his comments when asked about them in the mixed zone a few minutes later.”For me, it was the moment to say it… When I say something, I think about it,” he said, reiterating his desire to have more “responsibilities”.”If it’s at PSG, it’s good, if it’s elsewhere, it will be elsewhere for a new challenge.” Mbappe has been regularly linked with a potential move to Real Madrid since breaking through with Monaco’s 2017 Ligue 1 title-winning team, but instead made the switch to PSG, initially on loan, and then for 180 million euros.But since Zinedine Zidane’s return to the Real dug-out earlier this year, rumours about Mbappe joining his fellow Frenchman at the Santiago Bernabeu have intensified. highlights Kylian Mbappe looking for more responsibility at PSG or elsewhere.Mbappe was a part of the World Cup winning squad held in Russia. Mbappe hints to take transfer to another football club.  For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps. This term, Mbappe has stepped up another gear with teammate Neymar — the only player to be sold for more money than him in history — out injured for much of the campaign. Mbappe has followed in Neymar’s footsteps by winning the player of the season accolade in France, although he needs to score five in the last league game of the season against Reims next weekend to snatch the European Golden Shoe from Lionel Messi.”I tell myself that even if I lose, I lose to Messi, one of the greatest players in history,” he told AFP.”To think that maybe I kept up with him until the last game, that’s a source of pride too, but it’s not over.”Mbappe became only the second teenager in history last year, after Brazil legend Pele, to score in a World Cup final during France’s 4-2 triumph over Croatia. His global stardom — surely eye-catching for the likes of Real — was shown when he became only the fourth footballer to feature on the cover of Time magazine in October, after Messi, Neymar and Mario Balotelli.An Mbappe exit would be a blow for PSG, although increased transfer funds may not be all bad for the French champions as they look to strengthen their squad ahead of their next bid for a first Champions League title.last_img read more

first_imgLaura says the men who helped them save her three children “rescued my world.”A MOTHER of three young children trapped inside a car after a crash has appealed for help in tracing the men who rescued them.Laura Faulkner, from Ballyclare in Co Antrim, found herself trapped with her husband and three young children, at the side of the road near Ballybofey.The car flipped upside down during the road traffic accident and the five members of the Faulkner family couldn’t get out. But three mystery Donegal men raced to their aid and managed to get them out of the vehicle to safety.Mum Laura told Donegal Daily they were terrified.But for the actions her mystery rescuers, she believes anything could have happened.She told us: “We were driving last Sunday morning near Ballybofey when our car came off the road and we ended upside down in a ditch. “A group of lads were in the car behind us and came down immediately to help and got my kids out.“I have no idea who these lads were but I would love to find them and tell them how much I appreciate them jumping straight in to help.“We were unable to get out and I was terrified.“I would be delighted if Donegal Daily readers could help trace these young men. I just want them to know when they pulled my 3 month old, 18 month old and 4 year old out the car that they rescued my world.“I cannot thank them enough.” * IF you helped the Faulkner family or know who did, please email us at [email protected] so we can pass on your details to Laura.‘HELP ME FIND THE HEROES WHO RESCUED MY THREE CHILDREN FROM CRASHED CAR’ – MUM was last modified: April 10th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:BallybofeyBallyclareCounty Antrimcrash scenedonegal daily newsLaura Faulknerlast_img read more