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The document argues that private sector actors—including micro, small, and medium enterprises (MSMEs) and private financiers—are essential for achieving climate adaptation goals due to their role in economic growth and capital flow. It identifies four key enabling factors for engagement: information sharing, financing, institutional arrangements, and capacity building. The brief outlines specific entry points for private sector involvement across the three phases of the NAP process (planning, implementation, and monitoring and evaluation) and provides case studies from countries such as Ghana, Rwanda, Kenya, and Jamaica to illustrate successful public-private collaboration in climate adaptation.

The Chongqing Three Gorges Bank issued a CNY 3 billion (USD 436.9 million) green bond on 27 December 2018 with a three-year tenor. The proceeds are designated for energy saving, pollution prevention, resource conservation and recycling, clean energy, and ecological protection and adaptation. The Climate Bonds Initiative (CBI) included the bond in its database because hydropower accounts for only 3% of total proceeds and other allocations align with the PBoC catalogue and CBI taxonomy, though the bond may be excluded if future reporting shows the actual use of proceeds fails to meet CBI definitions.

The document outlines the state of Perú's green economy transition, noting that while the public sector has been slowed by political turmoil and corruption, the private sector—particularly green SMEs—is emerging as a driver for change. It identifies critical barriers for green businesses, including limited access to finance, a lack of labeling standards, and tax systems that favor 'brown' businesses. The text emphasizes the need for better alignment of scattered initiatives and the potential for international cooperation (via PAGE, GIZ, and GGGI) to help implement a national green growth plan.

The document analyzes the role of depreciation in managing stranded assets during the early retirement of coal-fired power plants. It explains how regulators can use depreciation schedules and 'regulatory asset' accounts to balance the interests of utilities, consumers, and clean energy advocates. Key policy options discussed include accelerating depreciation to match retirement dates or extending schedules to reduce immediate rate shocks for consumers. The brief also highlights the potential for refinancing high-cost equity with lower-cost debt to lower the overall cost of the energy transition.

The briefing examines the financial challenges and opportunities associated with the early retirement of coal-fired power plants in the United States, using Colorado as a case study. It highlights that the marginal cost of energy (MCOE) for many coal plants now exceeds the cost of new wind and solar resources. To manage the resulting 'stranded assets' and undepreciated plant balances, the author proposes a transition strategy involving financial analysis of public data, the use of regulatory assets, and refinancing mechanisms such as debt-for-equity swaps and securitization. These tools are intended to reduce consumer costs, maintain utility investor returns, and fund just transition initiatives for affected workers and communities.

The document argues that Nature-based Solutions (NBS) can reduce disaster risk and provide lower-cost, resilient services when integrated with conventional gray infrastructure. It details specific NBS applications for coastal, urban, and river flooding, provides a framework for implementation, and outlines policy and financing mechanisms to scale these approaches.

The document outlines the framework for green panda bonds—yuan-denominated bonds issued in mainland China by foreign entities to fund green projects. It details the regulatory roles of the PBoC, CSRC, and NDRC, the requirements for foreign issuers (such as solvency and credit reputation), and the specific steps for issuance, including the need for green asset identification and post-issuance reporting. It highlights that while the market is growing, with China being the second largest green bond market as of October 2018, green panda bonds represent less than 1% of China's total green bonds. The guide also notes the dominance of commercial banks as investors and the role of external verifiers in ensuring alignment with both Chinese and international standards.

The document outlines the framework for 'green panda bonds'—RMB-denominated bonds issued by overseas entities in mainland China for green projects. It details the regulatory landscape involving the PBoC, CSRC, and NDRC, and provides a four-step issuance process: preparation, application for approval, issuance, and continuous disclosure. As of October 2018, China's green bond market reached 60.9 billion USD, with renewable energy accounting for over 60% of supported projects. The guide highlights the role of domestic investors, particularly commercial banks (85% of bond trading), and the alignment of Chinese standards with international benchmarks like the Green Bond Principles and Climate Bonds Standard, while noting differences regarding fossil fuel power generation.

The document explores how green bonds can support Brazil's agricultural sector, noting that while the forestry sector has successfully used these instruments, sustainable agriculture remains underfunded. It highlights the underutilization of government programs like the ABC Program and suggests that securitizing small loans via Certificados de Recebíveis do Agronegócio (CRA) and leveraging bank-issued green bonds could bridge the financing gap for sustainable practices.

The document examines the gap between Brazil's agricultural importance and its limited use of green bonds for the sector, which has been primarily restricted to forestry and paper. It highlights that while government programs like the Low Carbon Agriculture Program (ABC) exist, they are underutilised due to complex application processes and a lack of understanding among financial institutions. The authors argue that green bonds and securitisation tools like Certificates of Agribusiness Receivables (CRA) could scale sustainable financing by aggregating small loans and attracting international capital.

The document outlines the process for foreign entities to issue green panda bonds—RMB-denominated bonds issued in mainland China with proceeds earmarked for green projects. It details the regulatory landscape, involving the PBoC, CSRC, and NDRC, and explains the dual requirement to follow both panda bond and green bond guidelines. The guide highlights the growth of China's green bond market, the role of domestic investors (primarily commercial banks), and the increasing use of RMB for cross-border settlements, particularly within the Belt and Road Initiative. It provides a step-by-step issuance process and lists key regulatory requirements for different market segments.

The document outlines the framework for green panda bonds—Renminbi-denominated bonds issued in mainland China by foreign entities for green projects. It details the regulatory roles of the PBoC, CSRC, and NDRC, the requirements for foreign issuers, and the step-by-step process for issuance, including the need for green frameworks and external reviews. As of October 2018, China was the second largest green bond market globally, with renewable energy accounting for over 60% of allocations.

The report establishes a framework for certifying forestry-related bonds, focusing on ensuring that funded projects contribute to a low-carbon and climate-resilient economy. It defines eligible assets—including plantation forestry, sustainable forest management, and conservation/restoration projects—and sets specific requirements for mitigation and adaptation. Key measures include a prohibition on natural landscape conversion since 2010 and the use of a resilience checklist. The framework leverages existing industry standards, specifically FSC and PEFC, as proxies for many management requirements while adding specific climate-risk assessments.

The document analyzes the resurgence of debt in Africa, noting that 19 countries have exceeded the 60% debt-to-GDP threshold. It identifies key drivers such as commodity price shocks, exchange rate volatility, and a shift from concessional to market-based loans. Through case studies of Nigeria and Morocco, it examines debt management strategies, including the use of Eurobonds and the importance of autonomous debt management offices, while recommending economic diversification and improved domestic resource mobilization to ensure long-term sustainability.

Ernst & Young conducted a reasonable assurance engagement for the Treasury Corporation of NSW (TCorp) regarding its 2018 Green Bond pre-issuance and Sustainability Bond Framework. The assessment focused on the use and management of proceeds, project evaluation and selection, and reporting procedures. EY concluded that TCorp's processes and nominated projects meet the requirements of the ICMA Sustainability Bond Guidelines and the CBI Climate Bond Standard v2.1 in all material respects. Specific nominated projects include the Newcastle Light Rail, Sydney Metro Northwest, and Quakers Hill and St Mary's Water Recycling Plants.

ISS-oekom conducted a pre-issuance verification of EnBW's 2018 Green Bond against the Climate Bonds Standard (Version 2.1) and specific sector criteria for wind, solar, low carbon transport, and marine renewable energy. Following a desk-based assessment of project selection, internal controls, and reporting processes, ISS-oekom concluded that the bond is in conformance with the required standards.

Vigeo Eiris conducted a limited assurance engagement in September and October 2018, concluding that Royal Schiphol Group's 2018 first Green Bond is in conformance with the Climate Bonds Standard version 2.1. The bond's proceeds are intended to finance low carbon emissions vehicles, charging infrastructure, and the construction or refurbishment of low carbon buildings. The verification confirmed that the nominated assets meet the technical criteria for Low Carbon Buildings and Low Carbon Land Transport, though the verifier noted that the lack of quantified contributions to corporate sustainability objectives and the absence of a commitment to periodic assurance engagements are areas for improvement.

In Q3 2018, China's green bond market saw $8.5 billion in issuances, with financial institutions accounting for 51% of the total. While total issuance for the first three quarters of 2018 ($21.5 billion) exceeded the same period in 2017, only 49% of Q3 issuances aligned with international green bond definitions. Renewable energy remained the largest investment area, while water-related projects saw an increase in funding share to 18%. The report also details updated Climate Bonds Initiative (CBI) classification criteria for underground utility tunnels and hydropower projects to better align with the People's Bank of China's guidelines.

The report analyzes China's green bond market in Q3 2018, noting a total issuance of USD 8.5bn. It highlights that while total issuance for the first three quarters of 2018 (USD 21.5bn) exceeded the same period in 2017, only 49% of Q3 volumes aligned with international definitions. Financial corporates dominated issuance, and renewable energy remained the largest sector for proceeds. The document also details new regulatory guidelines from the PBoC, SSE, and CSRC, and updates to the Climate Bonds Initiative (CBI) taxonomy regarding utility tunnels and hydropower.

The report evaluates the role of cities, regions, companies, and investors in climate mitigation. While the potential for these actors to reduce emissions is vast—potentially up to 15-23 GtCO2 e per year by 2030—their current contribution remains limited. The document highlights a lack of consistent reporting and data, and calls for improved transparency, quantifiable targets, and stronger government support to scale up these efforts.