VanEck joins Climate Bonds Initiative partners

March 26, 2017 |

In England, global asset manager VanEck has joined the Climate Bonds Initiative Partnership Program to support the development of green finance markets. VanEck manages $43 billion in assets, and last month launched the VanEck Vectors Green Bond ETF, the first U.S. listed exchange traded fund that provides access to the fast-growing global green bond market.

“The VanEck Vectors Green Bond ETF was launched to provide an efficient and cost-effective way to access the green bond market.,” said Edward Lopez, Head of ETF Product Management and Marketing with VanEck. “An important characteristic of the Fund is that it invests in bonds flagged as ‘green’ by the Climate Bonds Initiative. We believe this is an essential feature that allows investors a level of confidence that bond proceeds are being directed towards financing projects with a beneficial environmental impact.”

Sean Kidney, CEO Climate Bonds Initiative added, “As a global asset manager, VanEck brings an in depth understanding of investment conditions across international markets. This expertise will be invaluable as we work on building awareness around green bonds and green finance opportunities. Awareness of green bonds as part of the financial response to climate change is growing amongst institutional and retail investors. The launch of this ETF is another step in opening green markets to investors. By linking with Climate Bonds Initiative definitions, this new ETF provides an additional screen for investor decision making around sustainable and green investments.”

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