Swedbank joins Climate Bonds programme

SwedBank has become the latest organisation to join the Climate Bonds Partner Programme. It is part of the bank’s commitment to green bonds as a way to help realise the […]

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By Priyanka Shrestha

SwedBank has become the latest organisation to join the Climate Bonds Partner Programme.

It is part of the bank’s commitment to green bonds as a way to help realise the transition to a low carbon economy.

It joins other organisations, including Barclays, EY, London Stock Exchange, RBC and Standard Chartered.

The initiative supports the growing green and climate bonds market, with partners getting access to detailed data on bond issuance, market insights and opportunities to collaborate on government lobbying and investor education.

Marika Dimming, Head of Green Bonds at Swedbank: “Climate change is amongst society’s greatest challenges and research shows that an increased concentration of greenhouse gases is warming the planet, with the potential to create substantial risks to both prosperity and growth.

“An unwillingness to acknowledge and act in accordance with these findings would drastically increase the probability of a global temperature rise in excess of 2°C and would jeopardise the success of the Paris Agreement. Now is the time to act and becoming a Climate Bonds Partner gives us an opportunity to do our part.”