Ayini Amabhondi Aluhlaza Futhi Kungani Amanani Aphansi Kangaka?
Eminyakeni yamuva nje, amabhondi aluhlaza abe yithuluzi lezezimali elinamandla, elidlala indima ebalulekile ekubhekaneni nenselelo yomhlaba wonke yokuguquguquka kwesimo sezulu kanye nokuxhasa ngezimali amaphrojekthi okusimama. Lawa mabhondi asekela izinhlelo ezizuzisa imvelo ezifana namandla avuselelekayo, ukongiwa kwezinhlobonhlobo zemvelo, nengqalasizinda esimeme, enikeza kokubili imbuyiselo yezezimali kanye nomthelela omuhle obonakalayo emvelweni. Naphezu kwesithembiso abanaso, amanani ebhondi eluhlaza abe ngaphansi kunokulindelekile ngenxa yezici ezimbalwa zemakethe. Kodwa-ke, ikusasa lamabhondi aluhlaza likhanya ngendlela emangalisayo, nokuhambisana okukhulayo phakathi kwesidingo sabatshalizimali kanye nezinjongo zokusimama. Ukuqonda Amabhondi Aluhlaza Amabhondi aluhlaza asebenza njengamabhondi endabuko kodwa anenhloso ephakeme—ukuxhasa ngezimali amaphrojekthi anikezelwe ekusimameni kwemvelo. Ohulumeni, izinhlangano, nezikhungo zikhipha la mabhondi ukuze kuxhaswe amaphrojekthi afana nokuthuthukiswa kwamandla avuselelekayo, ukuthuthukiswa kokusebenza kahle kwamandla, kanye nezinhlelo zokongiwa kwezinhlobonhlobo zemvelo. Amabhondi aluhlaza ahlinzeka ngesixazululo esisha ezindabeni zemvelo zomhlaba wonke, okuvumela abatshalizimali ukuthi basekele inguquko emnothweni wekhabhoni ephansi kuyilapho bethola imbuyiselo. Ngaphezu kwalokho, imakethe yamabhondi aluhlaza ikhula ngokushesha. Njengoba ohulumeni nezinkampani zithembisa ukufeza izinhloso zokukhishwa kwe-net-zero, isidingo sesimo sezulu sokuxhasa ngezimali okuluhlaza kanye namathuluzi emvelo akhuthazayo kulindeleke ukuthi siqhubeke ngesivinini. Ngakho-ke amabhondi aluhlaza abekwe kahle ukuze abe ithuluzi lezezimali elivamile lekusasa elisimeme. Kungani Amanani AseGreen Bond Ephansi Kangaka? Izinto ezimbalwa zichaza ukuthi kungani amanani entengo yebhondi eluhlaza ehle kamuva nje: Ukwenyuka Kokunikezwa Kwamabhondi Aluhlaza Njengoba ukukhishwa kwamabhondi aluhlaza kwanda emhlabeni wonke, ukunikezwa manje kunesidingo esingaphezu kwesidingo ezimakethe ezithile. Kodwa-ke, lokhu kwanda kokunikezwayo kuwuphawu oluhle lokuthi uxhaso lwezimali olugxile ekusimameni seluba yinsakavukela. Njengoba abatshalizimali abengeziwe besebenzisa amasu e-ESG (Environmental, Social, and Governance), isidingo samabhondi aluhlaza kulindeleke ukuthi sifinyelele, okungenzeka sinyuse amanani esikhathini esizayo. Izilinganiso Zenzuzo Ekhulayo Njengawo wonke amathuluzi emali engenayo engashintshi, amabhondi aluhlaza athintwa izilinganiso zenzalo. Esimeni esikhulayo sezinga, amabhondi asanda kukhishwa anikeza isivuno esiphezulu, okwenza amabhondi aluhlaza angaheheki. Nokho, lokhu kuyinselele yesikhashana. Njengoba amabhange amakhulu ezinza izilinganiso zenzalo, amabhondi aluhlaza—ikakhulukazi lawo ahlanganiswe nesimo sezulu sesikhathi eside kanye namaphrojekthi emvelo akhuthaza imvelo—azophinde athandeke. Ingozi Ebonwayo Yemiklamo Eluhlaza Nakuba amanye amabhondi aluhlaza exhasa ngezimali amaphrojekthi emikhakheni esafufusa noma ezifundeni ezisathuthuka, lapho ubungozi bungase bubonakale buphakeme, leli futhi kuyithuba. Abatshalizimali abaqonda amandla esikhathi eside obuchwepheshe obuluhlaza kanye nezinhlelo zokusimama kwesimo sezulu nemvelo bayaqaphela ukuthi la mabhondi asekela amaphrojekthi oguquko angakwazi ukukhiqiza kokubili izinzuzo zemvelo nezomnotho. IGreenium kanye Nokukhula Kwemakethe Umqondo we-greenium, noma abatshalizimali abakhokhelwayo ngokomlando abakhokhele amabhondi aluhlaza, uyathuthuka. Njengoba imakethe yebhondi eluhlaza ivuthwa futhi ikhula, i-greenium inciphile, okwenza lawa mabhondi afinyeleleke kalula. Lokhu kubonisa ushintsho lwemakethe olunempilo, lapho amabhondi aluhlaza engasakhokhi amanani aphezulu kodwa kunalokho anikeza izinzuzo ezincintisanayo, ezihambisana nokulindelwe kubatshalizimali abavamile. IGreenium kanye ne-ESG Investment Strategies Amabhondi aluhlaza aya ngokuya ekhanga kubatshalizimali abafuna ukuvumelanisa amaphothifoliyo abo nezinjongo ze-ESG. I-greenium enciphayo, kuyilapho yehlisa amaphrimiyamu ebhondi, empeleni ithuthukisa ukufinyeleleka kwamabhondi aluhlaza, inikeza imbuyiselo encintisanayo ngaphandle kokudela ukusimama. Njengoba imakethe yezimali eziluhlaza ikhula, izinkampani ezinezibopho eziphezulu ze-ESG, ikakhulukazi isimo sezulu kanye nemvelo evumayo, kungenzeka zihehe imali eyengeziwe, ziqhubekisele phambili amasu amasha kanye nomthelela omuhle kwezemvelo. Kubatshalizimali abanombono wesikhathi eside, amabhondi aluhlaza anikeza ithuba eliyingqayizivele lokusekela amaphrojekthi anezinto zangaphandle ezinhle kuyilapho kugcinwa imbuyiselo ekhangayo. Lokhu kuqondaniswa kokusebenza kwezimali kanye nemvelo kwenza amabhondi aluhlaza abe yingxenye ephoqelelayo yanoma yiliphi isu lokutshala izimali esimeme. Ingcaphuno Emayelana Nemakethe Yebhondi Eluhlaza YaseBrazil Amabhondi Aluhlaza avele njengethuluzi elibalulekile lokuxhasa ngezimali amaphrojekthi asimeme, okunomthelela omkhulu ekuguqukeni komnotho wekhabhoni ephansi. E-Brazil, imakethe yebhondi eluhlaza isesigabeni sayo sokukhula kodwa isivele ikhombisa amandla amakhulu. Kusukela ekukhishweni kokuqala ngo-2015, izwe seliqoqe cishe i-USD 11.2 billion ekukhishweni. Ukukhula kwale makethe eBrazil kuqhutshwa ukwanda kwesidingo sokutshalwa kwezimali okusimeme, kusuka kubatshalizimali bezikhungo kanye nabantu abakhathazekile ngomthelela wemvelo wokutshalwa kwezimali kwabo. Ukwengeza, i-greenium, okuyiprimiyamu yamanani abatshalizimali abazimisele ukuyikhokhela amabhondi aluhlaza, ihlobene ngokuqondile nokunikezwayo futhi, okubaluleke nakakhulu, isidingo salezi zibopho. Lesi simo siqiniswa ukuzibophezela okwenziwa abaphathi abakhulu bempahla nezikhungo zezezimali ukuze kuqondiswe izinsiza kumaphrojekthi akhuthaza ukusimama. Ngokuqwashisa okukhulayo ngokushintsha kwesimo sezulu kanye nesidingo sezenzo ezibambekayo, imakethe yamabhondi aluhlaza eBrazil inendawo ebalulekile yokukhula. Okulindelekile ukuthi, ngezinqubomgomo ezivunayo zomphakathi kanye nokuxhumana okuqhubekayo kwemboni ezimele, sizobona ukwanda okukhulu ekukhishweni kwebhondi eluhlaza eminyakeni ezayo, okunomthelela ekusaseni elizinzile neliqinile. Ucaphuna uMarcos Lima, ESG Finance and Investment Banking – Umfundisi kwaFEBRABAN kanye noMdidiyeli Wezezimali Ezisimeme kanye Nesimo Sezulu e-BV Bank. Ikusasa Eliqhakazile Lamabhondi Aluhlaza Uma sibheka phambili, ikusasa lamabhondi aluhlaza lithembisa ngendlela emangalisayo. Ziningana izici ezizobhebhethekisa ukukhula kwazo: Ukwesekwa Okukhulayo Okulawulayo Ohulumeni basebenzisa izinqubomgomo zokukhuthaza ezezimali ezisimeme, okuhlanganisa namabhondi aluhlaza. I-European Union's Green Bond Standard ibeka inkundla yezinhlaka eziqinile eziqinisekisa ukubonakala nobuqotho bamabhondi aluhlaza. Le mithetho izokhuthaza abakhiqizi abaningi ukuthi bangene emakethe futhi inikeze abatshalizimali ukuzethemba kumthelela wokutshalwa kwezimali kwabo. Izibophezelo Zesimo Sezulu kanye Nesidingo Somhlaba Wonke Ngokuzibophezela kwesimo sezulu somhlaba wonke njengeSivumelwano saseParis esicindezela ohulumeni nezinkampani ukuthi zehlise ukukhishwa kwekhabhoni, isidingo sezimali esiluhlaza sizokhula kuphela. Amabhondi aluhlaza ahamba phambili ekuxhaseni ngezimali lolu shintsho, enikeza indlela ephumelelayo yokukhulisa imali yamaphrojekthi amakhulu emvelo. Intshisekelo Yabatshalizimali Ngezimpahla Ezisimeme Njengoba abatshalizimali abaningi behlanganisa ukusimama emasu abo, amabhondi aluhlaza azoqhubeka nokuba yingxenye ebalulekile yesixazululo. I-greenium enciphayo yenza la mabhondi akhange nakakhulu kubatshalizimali ababanzi, okuvumela amabhondi aluhlaza ukuthi asuke kumkhiqizo we-niche aye esigabeni sempahla evamile. Lesi sidingo esikhulayo, esihambisana nokwanda kokukhishwa kwebhondi eluhlaza, kulindeleke
Ayini Amabhondi Aluhlaza Futhi Kungani Amanani Aphansi Kangaka? Funda kabanzi "

