FMO will join the Climate Bonds Initiative Partners Programme effective immediately. The announcement was made by FMO CEO Nanno Kleiterp in Amsterdam at the Making Solar Bankable Conference, focussed on project development for clean energy in emerging economies.
FMO's CEO Nanno Kleiterp: “Partnering with the Climate Bonds Initiative fits well against our long term commitment to green financial development and sustainable investment, particularly in developing nations.” “Climate Bonds is working to develop robust global and regional green bond markets that support sustainable low carbon infrastructure and contribute to wider climate finance solutions. By working together, our two organisations can make a joint contribution towards the achievement of these vital goals.
Climate Bonds CEO Sean Kidney: “FMO have a long expressed commitment and demonstrated track record in sustainable development. Their expertise, experience in diverse markets and philosophy on making a positive impact aligns directly with Climate Bonds’ objectives to fund green infrastructure and climate resilient projects through bond markets.” “This is a welcome decision from a leading international development bank with a strong emerging economy focus. It signals increasing institutional support for the development of transparent and robust green bond markets as a part of sustainable finance models. “
Notes for Journalists:
About Climate Bonds Initiative:
The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. For more information, please visit www.climatebonds.net
FMO is the Dutch development bank. FMO has invested in the private sector in developing countries and emerging markets for more than 45 years. FMO mission is to empower entrepreneurs to build a better world. With an investment portfolio of EUR 8 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally. www.fmo.nl
NGOs, banks, institutional investors and governments are eligible to join as Climate Bond Partners to help rapidly grow a market of green and climate bonds. Partners assist in developing initiatives to grow investment in climate solutions, participate in different market development committees and help define policy agendas for sector, country and sub-national programmes.
For more information, please contact:
Senior Press Officer FMO
P: (+31 (0) 70 314 99 28)
M: (+31 (0) 6 11 58 9127)
Climate Bonds Initiative
(+44 (0) 7506 270 943)