1 Climate Stability Bonds Ronnie Horesh. 2 Climate Stability Bonds Goal: “climate stability” at minimum cost.

Slides:

Advertisements

Similar presentations

Chapter 15 FIGURE 15.1 ADDING VALUE IN AN ACQUISITION FIGURE 15.2FINANCING ACQUISITIONS WORKING INSIGHT 15.1SYNERGY CHECKLIST WORKING INSIGHT 15.3 RELATIONSHIP.

Advertisements

Lectures in Macroeconomics- Charles W. Upton Currency Boards.

Financing climate-friendly projects in the Balkan region DAC PROJECT CAPACITY BUILDING IN BALKAN COUNTRIES IN ORDER TO DEAL WITH CLIMATE CHANGE Prepared.

Private Sector Expectations towards NAMA Financing Latin America and Caribbean Regional NAMA Workshop 14 th September 2015.

Public-private partnership (PPP)  describes a government service or private business venture which is funded and operated through a partnership of government.

Environmental Policy Bonds Injecting market incentives into the achievement of local, national and global environmental goals.

Policy as if outcomes mattered Social Policy Bonds

Equity and Global Climate Change Developing Countries and the Climate Change Challenge Alistair Maclean, Australian Embassy.

CHAPTER 16 BUSINESS OWNERSHIP. 2 R. Delaney Sole Traders A sole trader is a person who owns, manages and provides the money (capital) for a business.

The Economic System of the United States I can explain the basic characteristics of the U.S. Free-Enterprise System.

31 Open-Economy Macroeconomics: Basic Concepts. Open and Closed Economies – A closed economy is one that does not interact with other economies in the.

INTEREST RATES AND MONETARY POLICY McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

W!se Unit 5 Investing. What is Investing?  Putting money to work earning more money for the future.

Word Business Want a word, we’ve got it. The one stop shop for any word you need. If we haven’t got it, you don’t need it.

Interest Rates and Monetary Policy

MODULE 27 The Federal Reserve: Monetary Policy

An Intro to the Economics of Climate Policy

[ 2.2 ] Free Markets.

Chapter 16 What Should Central Banks Do? Monetary Policy Goals, Strategy, and Targets.

Meaning of finance Finance may be defined as the art or science of management or managing money it includes financial services & financial management.

BONDS MK, U 16 (p 81).

Insurance IFRS Seminar December 1, 2016 Francesco Nagari Session 2

Public Goods Many definitions in use

MODULE 36(72) The Federal Reserve and Monetary Policy

Types of Checks, Other Than Personal

Monetary and Fiscal Policy in a Global Setting

Order Types When trading stocks.

Module 22 Financial Sector

Buying Performance Workshop

Mutual Funds Financial Literacy.

Capital Structure: Limits to the Use of Debt

An Introduction to Money and the Financial System

Syndicates in IPOs.

The Car Deal Package Take notes Be sure to include all vocabulary

The Downhill Lever of Current Forest Finance

Bell Question How might institutions (such as banks/credit unions) help individuals accomplish their financial goals?

Foreign Investment in Local Securities

Actions of the Federal Reserve

Homework Ch 12 Electricity Regulation

What are the roles of government in our free enterprise economy?

The FED and Monetary Policy

Financial Markets Chapter 11

Purchasing Mechanisms

“It’s about understanding customers, not just selling.

MODULE 3 THE NEXT BIG THING Lesson 3.2 Stocks, Bonds & Mutual Funds.

Unit 1 - Intro to Economics

Chapter 13 How companies raise capital

Chapter 11 Financial Markets.

Economic systems Analysis Who makes the economic decisions?

Perfect Competition: Leftovers

MODULE 3 THE NEXT BIG THING Lesson 3.2 Stocks, Bonds & Mutual Funds.

Traditional - Command – Market - Mixed

Chapter Eleven Asset Markets.

Wholesaling action plan – Phase 1

Monetary Policy.

Economic Systems and Decision-Making

Chapter 6 Price!.

Financial Markets and Risk

Stocks, Bonds & Mutual Funds

Chapter 11 Asset Markets.

Warm Up Why do you think it is important to have a diverse collection of stocks when investing in the stock market?

Economic Systems and Decision-Making

MODULE 3 THE NEXT BIG THING Lesson 3.2 Stocks, Bonds & Mutual Funds.

Chapter 8-1 Forms of Business.

The Market Mechanism – Supply and Demand

Thursday, March 23, 2017 Objective: Students will be able to assess ways to be a wise investor when purchasing bonds. Purpose: Knowing how to make smart.

Indirect Investing Chapter 3

Presentation transcript:

1 Climate Stability Bonds Ronnie Horesh

2 Climate Stability Bonds Goal: “climate stability” at minimum cost

3 Climate Stability Bonds Redeemable for guaranteed price when climate stability has been achieved.

4 Climate Stability Bonds Backed by governments Do not bear interest Example: bond redeemable for $1m once climate is stable Auctioned for $ Bondholders make 900% profit if they hold bond till redemption

5 Climate Stability Bonds Prices vary with likelihood of climate stabilising If nobody buys bonds, their price falls Eventually it becomes profitable for people to buy and help stabilise the climate

6 Climate Stability Bonds Bondholders have incentives to: Co-operate with each other Finance climate-stabilising projects Pay according to performance

7 Climate Stability Bonds Main advantages Efficiency: cascading incentives to achieve target efficiently Outcome-focused: deals with scientific uncertainty

8 Climate Stability Bonds More advantages... Transparency and consensus Better money flows Pricing displays vital information

9 Climate Stability Bonds Governments set goal Private sector achieves goal Governments ultimately pay for achievement

10 Climate Stability Bonds