Ziziphi iibhondi eziluhlaza kwaye kutheni amaxabiso ephantsi kangaka?
Kwiminyaka yakutshanje, iibhondi eziluhlaza ziye zaba sisixhobo esinamandla sezemali, sidlala indima ephambili ekujonganeni nomngeni wehlabathi wokutshintsha kwemozulu kunye neeprojekthi zozinzo lwenkxaso-mali. Ezi bhondi zixhasa amalinge aluncedo kokusingqongileyo afana namandla ahlaziyekayo, ulondolozo lwezityalo nezilwanyana ezohlukeneyo, kunye neziseko zophuhliso ezizinzileyo, ezibonelela ngembuyekezo yemali zombini kunye nempembelelo entle ebonakalayo kokusingqongileyo. Ngaphandle kwesithembiso abanaso, amaxabiso eebhondi eziluhlaza ebesezantsi kunoko bekulindelekile ngenxa yezinto ezininzi zeemarike. Nangona kunjalo, ikamva leebhondi eziluhlaza liqaqambile ngendlela emangalisayo, kunye nolungelelwaniso olukhulayo phakathi kwemfuno yomtyali-mali kunye neenjongo zozinzo. Ukuqonda iibhondi zeGreen Iibhondi eziluhlaza zisebenza njengeebhondi zemveli kodwa zisebenza ngenjongo ephezulu—iiprojekthi zokuxhasa ngemali ezinikezelwe kuzinzo lokusingqongileyo. Oorhulumente, amaqumrhu, kunye namaziko akhupha ezi bhondi ukuze kuxhaswe iiprojekthi ezifana nophuhliso lwamandla ahlaziyekayo, ukuphuculwa kokusebenza kakuhle kwamandla, kunye namanyathelo olondolozo lwendalo eyohlukeneyo. Iibhondi eziluhlaza zibonelela ngesisombululo esitsha kwimiba yokusingqongileyo yehlabathi, evumela abatyali-mali ukuba baxhase ukutshintshela kuqoqosho lwekhabhoni ephantsi ngelixa befumana imbuyekezo. Ngaphezu koko, imarike yeebhondi eziluhlaza iyanda ngokukhawuleza. Ngoorhulumente kunye neenkampani ezithembisayo ukuhlangabezana ne-net-zero ekujoliswe kuzo, imfuno yemozulu yenkxaso-mali eluhlaza kunye nezixhobo ezilungileyo zendalo kulindeleke ukuba ziqhubeleke ngokukhawuleza. Iibhondi eziluhlaza ke ngoko zimi kakuhle ukuba zibe sisixhobo esingundoqo sezemali kwikamva elizinzileyo. Kutheni le nto amaxabiso e-Green Bond ephantsi kangaka? Izinto ezininzi zichaza ukuba kutheni amaxabiso eebhondi eziluhlaza ebephantsi mva nje: Ukonyuka kokuNikezelwa kweeBondi eziHlaza njengoko ukukhutshwa kweebhondi eziluhlaza kuye kwanda kwihlabathi jikelele, ukubonelela ngoku kunesidingo kwiimarike ezithile. Nangona kunjalo, oku kunyuswa konikezelo luphawu olulungileyo lokuba inkxaso-mali egxile ekuzinzeni iya iba yinto eqhelekileyo. Njengoko abatyali-mali abaninzi besamkela izicwangciso ze-ESG (EzokusiNgqongileyo, ezeNtlalo, kunye noLawulo), imfuno yeebhondi eziluhlaza kulindeleke ukuba ifikelele phezulu, enokuthi iqhube amaxabiso aphezulu kwixesha elizayo. Ukunyuka kwamaxabiso enzala Njengazo zonke izixhobo zomvuzo osisigxina, iibhondi eziluhlaza zichatshazelwa yinzala. Kwimeko yokunyuka kwezinga, iibhondi ezisanda kukhutshwa zibonelela ngezivuno eziphezulu, okwenza iibhondi ezidala eziluhlaza zingabi nomtsalane. Noko ke, olu lucelomngeni lokwexeshana. Njengoko iibhanki eziphambili zizinzisa inzala, iibhondi eziluhlaza-ingakumbi ezo zibotshelelwe kwixesha elide lemozulu kunye neeprojekthi zendalo ezintle zokusingqongileyo-ziya kuphinda zifumane isibheno. Umngcipheko obonwayo weeProjekthi eziHlaza Ngelixa ezinye iiprojekthi zezemali ze-green bond kumacandelo asakhulayo okanye kwimimandla ephuhlayo, apho imingcipheko inokubonwa njengephezulu, eli ikwalithuba. Abatyali-mali abaqondayo ukubakho kwexesha elide lobuchwephesha obuluhlaza kunye nemozulu kunye namanyathelo ozinzo oluqinisekileyo lwendalo bayaqaphela ukuba ezi bhondi zixhasa iiprojekthi zenguqu ezinokuvelisa zombini imbuyekezo yokusingqongileyo nezoqoqosho. IGreenium kunye nokuKhula kweMakethi Ingqikelelo yegreenium, okanye abatyali-mali beprimiyamu bahlawule ngokwembali kwiibhondi eziluhlaza, iyakhula. Njengoko imarike yebhondi eluhlaza ikhula kwaye isanda, i-greenium iyancipha, okwenza ezi bhondi zifikeleleke ngakumbi. Oku kubonisa inguqu yemarike enempilo, apho iibhondi eziluhlaza zingasalawuleki amaxabiso aphezulu kodwa endaweni yoko zibonelela ngembuyekezo ekhuphisanayo, ehambelana nokulindelwe ngabatyalo-mali abaqhelekileyo. IGreenium kunye ne-ESG Investment Strategies Iibhondi eziluhlaza ziya zithandeka ngakumbi kubatyali-zimali abafuna ukulungelelanisa iipotfoliyo zabo kunye neenjongo zeESG. I-greenium eyanciphayo, ngelixa inciphisa iintlawulo zebhondi, ngokwenene iphakamisa ukufikeleleka kweebhondi eziluhlaza, inikezela ngembuyekezo yokhuphiswano ngaphandle kokuncama ukuzinza. Njengoko urhwebo lwezemali zohlaza lukhula, iinkampani ezinezibophelelo eziphezulu ze-ESG, ngakumbi imozulu kunye nendalo entle, kunokwenzeka ukuba zitsale imali eninzi, ziqhube ngakumbi ukusungula izinto ezintsha kunye nempembelelo entle kokusingqongileyo. Kubatyalo-mali abanombono wexesha elide, iibhondi eziluhlaza zinika ithuba elikhethekileyo lokuxhasa iiprojekthi ezinezinto zangaphandle ezintle ngelixa zigcina imbuyekezo ekhangayo. Oku kulungelelaniswa kokusebenza kwemali kunye nokusingqongileyo kwenza iibhondi eziluhlaza zibe yinxalenye enyanzelekileyo kuyo nayiphi na isicwangciso sotyalo-mali oluzinzileyo. Isicaphulo kwiMarike yeBond yeGreen Bond yaseBrazil iye yavela njengesixhobo esibalulekileyo sokuxhasa ngezimali iiprojekthi ezizinzileyo, igalelo elibalulekileyo kwinguqu yoqoqosho lwekhabhoni ephantsi. EBrazil, imakethi yebhondi eluhlaza isekwinqanaba layo lokukhula kodwa sele ibonisa amandla amakhulu. Ukususela ekukhutshweni kokuqala kwi-2015, ilizwe liqokelele malunga ne-USD 11.2 yeebhiliyoni ekukhutshweni. Ukukhula kwale ntengiso eBrazil kuqhutywa kukukhula kwemfuno yotyalo-mali oluzinzileyo, kubatyali-mali bamaziko kunye nabantu abaxhalabileyo malunga nefuthe lokusingqongileyo kutyalo-mali lwabo. Ukongezelela, i-greenium, i-premium yexabiso abatyali-mali abazimisele ukuhlawula iibhondi eziluhlaza, ihambelana ngokuthe ngqo nokubonelela kwaye, ngokubaluleke ngakumbi, imfuno yala mabhondi. Le nto iqiniswa zizibophelelo ezenziwe ngabaphathi bee-asethi ezinkulu kunye namaziko emali ukuqondisa izibonelelo kwiiprojekthi ezikhuthaza uzinzo. Ngokukhula kolwazi lokutshintsha kwemozulu kunye nesidingo sezenzo ezibambekayo, imakethi yebhondi eluhlaza eBrazil inegumbi elibalulekileyo lokukhula. Okulindelekileyo kukuba, ngemigaqo-nkqubo yoluntu encomekayo kunye nothethathethwano oluqhubekayo lwecandelo labucala, siya kubona ukwanda okubonakalayo kokukhutshwa kweebhondi eziluhlaza kwiminyaka ezayo, okunegalelo kwikamva elizinzileyo nelizinzileyo. Ucaphula uMarcos Lima, iESG yezeMali kunye noTyalo-mali lweBhanki – uMhlohli kwi-FEBRABAN kunye noMququzeleli weZimali eziZinzileyo kunye neMozulu kwiBhanki ye-BV. Ikamva eliqaqambileyo leeBond eziluhlaza Ukujonga phambili, ikamva leebhondi eziluhlaza lithembisa ngendlela emangalisayo. Izinto ezininzi ziya kukhuthaza ukukhula kwabo: Ukwandiswa kweNkxaso yoLawulo Oorhulumente baphumeza imigaqo-nkqubo yokukhuthaza imali ezinzileyo, kuquka iibhondi eziluhlaza. Umgangatho we-Green Bond weManyano yaseYurophu umisela inqanaba lezicwangciso-nkqubo ezomeleleyo eziqinisekisa ukungafihli kunye nokuthembeka kweebhondi eziluhlaza. Le migaqo iya kukhuthaza abakhuphi abaninzi ukuba bangene kwimarike kwaye banike abatyali-mali ngokuzithemba kwimpembelelo yotyalo-mali lwabo. Izibophelelo zeMozulu kunye neMfuno yeHlabathi Ngezibophelelo zemozulu yehlabathi ezifana neSivumelwano saseParis sityhala oorhulumente kunye namaqumrhu ukuba banciphise ukukhutshwa kwekhabhoni, imfuno yemali eluhlaza iya kukhula kuphela. Iibhondi eziluhlaza ziphambili ekuxhaseni ngemali olu tshintsho, zinika indlela esebenzayo yokunyusa imali kwiiprojekthi ezinkulu zokusingqongileyo. Umdla wabatyali-zimali kwii-Asethi eziZinzileyo Njengoko abatyali-mali abaninzi bedibanisa ukuzinza kwizicwangciso zabo, iibhondi eziluhlaza ziya kuqhubeka ziyinxalenye ephambili yesisombululo. I-greenium encinci yenza ezi zibophelelo zibe nomtsalane ngakumbi kuluhlu olubanzi lwabatyalo-mali, okwenza ukuba iibhondi eziluhlaza zihambe ukusuka kwimveliso ye-niche ukuya kwiklasi ye-asethi eqhelekileyo. Le mfuno ikhulayo, kunye nokunyuka kokukhutshwa kwebhondi eluhlaza, kulindeleke
Ziziphi iibhondi eziluhlaza kwaye kutheni amaxabiso ephantsi kangaka? Funda ngokugqithisileyo "









