Financing low-carbon buildings and energy efficiency in the green bond market

The document examines the role of green bonds in decarbonizing the building sector, which accounts for approximately 28% of global energy-related CO2 emissions. It details various financial instruments, including Asset-Backed Securities (ABS) and covered bonds, used to fund energy-efficient construction and renovations. The briefing highlights the growth of the market, noting that as of November 2018, $126 billion had been allocated to low-carbon building assets. It specifically analyzes the Japanese market, where the Development Bank of Japan is the largest issuer, and suggests that Japan can further leverage its technical expertise in energy efficiency to attract green investment.

• Asset-Backed Securities (ABS) are a significant component of the market, accounting for one-third of green bond issuances related to low-carbon buildings, with $40 billion allocated to buildings.
• The Development Bank of Japan (DBJ) is the largest issuer in the Japanese building sector, allocating approximately $2.2 billion across four green bonds for buildings with a DBJ Green Building certification of three stars or higher.

APA

Climate Bonds Initiative (2019). Financing low-carbon buildings and energy efficiency in the green bond market. https://www.climatebonds.net/files/documents/publications/d0e58cc0-63a1-4a5d-aab5-44cb554c0865.pdf

Chicago

Climate Bonds Initiative. Financing low-carbon buildings and energy efficiency in the green bond market. 2019. https://www.climatebonds.net/files/documents/publications/d0e58cc0-63a1-4a5d-aab5-44cb554c0865.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Financing low-carbon buildings and energy efficiency in the green bond market |date=January 2019 |url=https://www.climatebonds.net/files/documents/publications/d0e58cc0-63a1-4a5d-aab5-44cb554c0865.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019financing, author = {{Climate Bonds Initiative}}, title = {{Financing low-carbon buildings and energy efficiency in the green bond market}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jan, url = {https://www.climatebonds.net/files/documents/publications/d0e58cc0-63a1-4a5d-aab5-44cb554c0865.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }