Dutch development bank FMO NV will join the Climate Bonds Initiative Partners Programme with immediate effect. 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 NV CEO Nanno Kleiterp, says: “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 (pictured), says: “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. “