ABOUT

The ‘Green, Social, and Sustainable Bonds’ Training Programme has been carefully designed and produced in order to provide all attendees with a highly comprehensive understanding of the development of Green, Social, and Sustainable Bonds around the world. The Training Programme is split across two days in order to allow attendees to choose which areas are most apposite for them.

PART II of the Training Programme will cover a review of operational processes relating to Green, Social, and Sustainable Bonds, including a discussion of each individual process, Green Label Providers and external verification by third party institutions. It will also cover practical analysis of a range of practical case studies, including a case study review of historical issuances of Green Bonds, issuances of Green Bonds in innovative new areas, commentary on the state of global development of Sovereign Green Bonds, and discussions relating to a number of operational case studies.

TRAINING PROGRAMME

SESSION 1: The GSSB Operational Process – PART I

·    About the GBP; GBP Process; About the SBP; SBP Process; About the SBG; SBG Process.

·    GBP and SBP Pillars: 

(1) Use of Proceeds; 

(2) Process for Project Evaluation and Selection; 

(3) Management of Proceeds; and 

(4) Reporting; the Governance Framework.

SESSION 2: The GSSB Operational Process – PART II

·    Green Label Providers (CBI (Certification); CICERO (Shades of Green); LuxFLAG (Green Bond Label); Moody’s (Green Bonds Assessment); S&P Ratings (Green Evaluations)); External Verification (Sustainalytics Second Party Opinion).

·    Climate Bonds Initiative (CBI) Reports (State of the Market; Quarterly Highlights; Regional; Country-Specific); Green Taxonomy; CBI Climate Bonds Standard (V2.1); CBI Climate Bonds Certification Scheme.

SESSION 3: GSSB Practical Case Studies – PART I

·     Historical Issuances: (1) Starbucks $500 Million Sustainability Bond (Coffee Supply Chain Management) (May, 2016); (2) New York City Housing Development Corporation $590 Million Sustainable Neighbourhood Bonds (June, 2016); (3) BNG €1 Billion Social Bond (Sustainable Housing Associations) (July, 2016).

·     New Issuances: (1) BBVA and Telefónica €1 Billion Green Bond (January, 2019); (2) BBVA and Vodafone €750 Million Issuance (May, 2019); 

SESSION 4: GSSB Practical Case Studies – PART II

·     Sovereign Green Bonds: (1) France, €7 Billion, 2017; (2) Fiji, US$50 Million, 2017; (3) Nigeria, US$29.8 Million, 2017; (4) Germany, €6.6 Billion, 2018; (5) Global Initiatives.

·     Operational Case Studies: (1) London Green Fund; (2) The Green Deal Finance Company; (3) UK Commercial bank ESG Bond; (4) the Amundi Planet Emerging Green One (EGO) Fund.

EXPERT TRAINER

Rodrigo Zepeda is Co-Founder and Managing Director of Storm-7 Consulting. He is an expert consultant who specialises in derivatives and banking and financial services law, regulation, and compliance. He is an expert in a very broad range of regulatory compliance frameworks such as FATCA, the OECD CRS, MiFID II, MAD 2 MAR, PSD2, CRD IV, Solvency II, OTC Derivatives, CCP Clearing, PRIIPs, BRRD, AML4, and the GDPR. He holds a LLB degree, a LLM Masters degree in International and Comparative Business Law, and has passed the New York Bar Examination. He was an Associate (ACSI) of the Chartered Institute for Securities & Investment from 2004 to 2014 and is now a Chartered Member (MCSI). He has created and delivered numerous conferences and training courses around the world such as ‘FATCA for Latin American Firms’ (Santo Domingo, Dominican Republic, Panama City, Panama), ‘MiFID II: Regulatory, Risk, and Compliance (London), and ‘Market Abuse: Operational Compliance’ (London), ‘AEOI (FATCA & CRS)’ (London, Lebanon, Dubai, Malta, Manama, Bahrain); AML/CFT: Operational Compliance (Dubai, London); MLRO: Operational Compliance (London).

He has also delivered numerous In-House Training Courses around the world to major international financial institutions such as The Abu Dhabi Investment Authority (MiFID II: Operational Compliance, Abu Dhabi, the United Arab Emirates); the United Nations Principles of Responsible Investment (MiFID II: Final Review, London); CAF, the Development Bank of Latin America (Swaps and Over-the-counter Derivatives, Lima, Peru); Eurex Exchange (CCP Clearing, Risk Management, Recovery and Resolution, Eschborn, Germany); European Energy Exchange AG (CCP Clearing, Risk Management, Recovery and Resolution, Leipzig, Germany); Rothschild Investment Management (UK) Limited (AEOI (FATCA & CRS), London); Resolution Life (AEOI (FATCA & CRS, London); CCP Clearing, Risk Management, Recovery and Resolution; Bethmann Bank AG (MAD 2 MAR, Frankfurt); Saxo Capital Markets (MAD 2 MAR, London); and Invesco Management, S.A. (AML/CFT, Henley); Validus Risk Management (OTC Derivatives, Eton).

For 2019 he has created some of the most cutting edge training courses available on the market today, including Artificial Intelligence in Banking and Financial Services; Supervisory Technologies (SupTech); The European Margin Rules; The 2018-2020 Collateral Paradigm; AML & CFT Advanced Practitioner; Virtual Currencies, AML, CFT: Operational Compliance; and Behavioural Persuasion Masterclass. He is a Reviewer for the Journal of Financial Regulation and Compliance and has also published widely in leading industry journals such as the Capco Institute’s Journal of Financial Transformation, the Journal of International Banking Law and Regulation, as well as e-books on derivatives law. Noted publications include “Optimizing Risk Allocation for CCPs under the European Market Infrastructure Regulation”; “The ISDA Master Agreement 2012: A Missed Opportunity”; “The ISDA Master Agreement: The Derivatives Risk Management Tool of the 21st Century?”; “To EU, or not to EU: that is the AIFMD question”; and “The Industrialization Blueprint: Re- Engineering the Future of Banking and Financial Services?”.

Disclaimer

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc., and Storm-7 Consulting Limited is neither sponsored by nor affiliated with the International Swaps and Derivatives Association, Inc. (ISDA), and the public is hereby informed that Storm-7 Consulting Limited holds no commercial, private, or other relationship with ISDA.