Bakers and retailers see positive festive sales

first_imgConsumers appear to have dug deep into their pockets this Christmas, with the industry reporting sales holding up well over the festive period compared with the previous year.Craft baker John Smith, with two shops near Aberdeen, told British Baker: “Christmas trading was very good ahead of last year. The sale of Christmas cakes has mainly gone to the supermarkets, so we have been promoting a rich currant loaf and savoury products such as cheese straws. We pushed hard to compensate for the loss of cake sales and it worked.”David Gunn of Gunns Bakery in Bedfordshire said Christmas trading had held up quite well. “I’m not sure that mince pies have gone as well as usual,” he said, but added that other Christmas products, such as chocolate logs, sold well. The latest TNS figures on the UK grocery market also cast a positive light on trading over the Christmas period. For the 12 weeks to 27 December 2009, the major multiples achieved higher sales than the comparable figures in 2008. Waitrose saw a large sales rise up 16.5%. Meanwhile, The Co-operative’s sales were up 13.1%, Morrisons rose by 10.3% and Sainsbury’s sales increased by 6.9%.last_img read more

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Press release: Environment Agency warns of illegal waste being dumped empty commercial units

first_img Carry out rigorous checks on prospective new tenants. Farms 34% Industrial Unit 24% Abandoned factory 10% Derelict site 7% Nicky Lawton, Deputy Director – National Enforcement Service, said: Empty industrial units across the country are being targeted by waste criminals to dispose of thousands of tonnes of illegal waste.The growing trend sees criminals pose as legitimate tenants to rent properties used to store illegal waste. Once discovered, landlords, property managers and farmers are burdened with thousands of pounds in clear up costs and face possible criminal prosecution, fines and even custodial sentences for failure to operate without an environmental permit.The waste, mainly made up of potentially hazardous materials, poses a serious pollution and fire risk and undermines legitimate business.With hundreds of commercial properties across the country thought to be empty, the Environment Agency is calling for landlords to be extra vigilant when letting out their properties. The regulator is also calling on businesses, organisations and individuals to manage their waste responsibly to prevent it from getting into criminal hands in the first place.During the period Dec 2016 – Nov 2017 the Environment Agency investigated the dumping of 18,244 bales of waste – each bale being approximately 1 ton. It’s estimated that at a low end price of £70 per bale this would amount to £1,277,000 for correct deposal of the waste.The Environment Agency reveals the top four land types which are most susceptible to illegal dumping. The land type descriptions key dump sites are: Landlords and property managers are urged to take the following steps to avoid being a victim of waste crime: Unsuspecting landlords and property managers are failing foul of waste criminals and as a result are being made to pick up hefty bills to clear up the waste – often running into the hundreds of thousands of pounds. Landlords can avoid this by carrying out checks to prospective tenants to ensure their sites will not be used as part of an illegal waste operation. Waste crime, which costs the economy £604 million a year, is a serious problem that we’re using all our available resources and powers to curb. Be vigilant and report any unusual behaviour. If you are suspicious of prospective tenants please contact us for more information and advice. It is illegal to store waste on your land without the required permits. You may be committing an offence by allowing waste to be stored on your land or property without the relevant permissions and you could be liable to prosecution and the cost of removing the waste. Check any empty land and property regularly and make sure it is secure. The offer of payment to temporarily store waste is a scam, the waste will likely never be collected. If you are approached to store baled waste, even on a short term basis, refuse the material and call Crimestoppers anonymously on 0800 555 111. The Environment Agency’s Prevention & Disruption teams are working hard to address waste crime, exercising new regulatory powers to lock up and block access to illegal waste sites. Landlords should check before signing a contract that the contract complies with regulations. You can view whether a potential tenant holds the correct permit to carry out waste operations at public registerlast_img read more

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LOCKN’ Sees Led Zep & Dead Covers, Powerful Collaborations, And More On Day 2 [Photos]

first_imgLOCKN’ Festival | Oak Ridge Farm | Arrington, VA | 8/25/2017 | Photo: Sam Shinault Load remaining images After the first day of the festival, which kicked off on Thursday evening, day two of LOCKN’ had attendees waking to cooler temperatures and gorgeous blue skies. The heat is staying away, as is any possibility of rain. With Friday marking LOCKN’s first full day of music, yesterday, attendees made sure to take advantage of the unseasonable weather, setting up their spots on both fields earlier in the day to catch as much music as possible.Friday’s music began with early morning sets at the Terrapin Porch stage, with solo sets by Danny Louis of Gov’t Mule on the piano followed by Jay Starling leading an acoustic circle at noon. Over at the Relix Stage, the afternoon moved along with back-to-back bands keeping the music flowing. Rockn’ to LOCKN’ winner, Sun Dried Opossum, opened up the music for the day on the field. Their gritty rockin’ melodies had the crowd on their feet and ready to dance the day away. Sax player, Dean Mitchell, of the Marcus King Band joined Sun Dried Opossum on stage for a few tunes ahead of Mitchell’s own performance. At noon, Marcus King Band followed with their soulful southern roots sound. King’s old soul vocals resonated throughout the packed venue. Fans enjoyed the set under beautiful puffy-cloud skies. Jazzy trumpet and sax weaved in and out of every melody, throwing out smooth vibes to the crowd.TAUK continued the flow of music on the Relix Stage. This is the band’s second performance at LOCKN’, the first being in 2014. Late starters who were still drowsy from sleep jammed up the field to catch their energetic set under the blazing sun. Brooklyn-based Sinkane performed a joyous set overflowing with funk vibes that were intertwined with worldly tones. Midway through their set, singer Ahmed Gallab and drummer Jason Trammell, switched places, throwing the crowd off with their musical antics. Continuing the afternoon on the Relix stage, Antibalas wasted no time busting out the energy. Colorful outfits and a rarely seen xylophone kept the attention of the fans. Refreshing melodies and flavorful tunes rolled along throughout their performance.Late afternoon brought Blackberry Smoke to the Main Stage, spreading crunchy vibes over the field. Their southern rock roots kicked up the energy like a well-worn pair of boots. Leathery guitar chords ripped through melodies while quietly building energy along their entire set. The crowd went nuts as they segued into the Grateful Dead’s “Fire On The Mountain” in the middle of their song “Sleeping Dog” before charging into The Beatles “Come Together.” The song itself was a crazy collaboration of covers thrown in for one hefty jam sandwich that just wouldn’t quit. Keeping the hotbed of awesome moving, the band punched out a rockin’ cover of Marvin Gaye’s “Baby Don’t You Do It.”  Their killer set also included a sweetly played “Amazing Grace” in honor of Gregg Allman.Last year, My Morning Jacket performed a ridiculously sick set at LOCKN’. This year, Jim James came back for a solo set opening with a tender version of Frank Sinatra’s “Young At Heart.” Acoustic versions of My Morning Jacket tunes had the crowd on a high, seeing as his band was a festival favorite the prior year. Brandi Carlisle rolled right into her set without skipping a beat. She was full of fire and vigor. Jim James joined in to sing “Angel from Montgomery” with the other musicians clearing the stage to make way for the duo and her acoustic guitar. Her powerful voice boomed across the grounds, injecting energy into everyone. A surprising version of Led Zeppelin’s “Going to California” flowed onto the set, bringing enormous cheers from the audience.The much awaited Phil Lesh and The Terrapin Family Band didn’t waste any time as they began their performance with “Bertha.” The set was crammed with fan favorites featuring “Broken Arrow,” “Unbroken Chain,” and “Scarlet Begonias.” Bob Weir joined the band and was welcomed to explosive cheers by the crowd. Weir sang “Jack Straw” as well as “Uncle Johns Band” to close the set.Up next was the heavily anticipated set by Gov’t Mike. “Thorazine Shuffle” pumped up the audience early on. “Revolution Come, Revolution Go,” the title track of their new album, went into a serious jam. “Soulshine” crept onto the set before the main event that everyone was waiting for. Powerhouse Ann Wilson of Heart took to the stage and slammed right into Led Zeppelin’s “Immigrant Song,” which was quickly followed by “Black Dog.” A powerful cover of Janis Joplin’s “Cry Baby” had a heavy blues spin on it while Heart’s “Magic Man” showed up with a vengeance, receiving a blast of applause and cheers from the venue.After their set, the stage turned and Phil Lesh, Bob Weir, and the Terrapin Family Band, along with Nicki Bluhm, started right into “Estimated Prophet” kicking off the Terrapin Station set. Bluhm sang a beautiful version of “Sunrise,” followed by a delicate and tender start to the song everyone had been waiting for all day—”Terrapin Station.”  Lesh smiled brightly during the entire performance. Grahame Lesh put a unique spin on the latter part of the song, finishing up the full album performed track by track, to a clean close. Phil Lesh gave his donor rap to the audience before Joe Russo’s Almost Dead took over on the Relix Stage for the late-night performance.  Get the full rundown of their set, with special guests Jim James and Nicole Atkins here.For fans who can not attend the festival, a free LOCKN’ stream is available, courtesy of Ben & Jerry’s, Airstream, and YouTube, in conjunction with Relix and Headcount. Viewers are encouraged to make a donation, with proceeds going to the Heal Charlottesville Fund. Funds raised will go towards assisting local residents seeking trauma counseling, supporting victims involved in the car attack who need help with their medical expenses, and towards helping law enforcement to prevent future attacks. Click here for more information regarding donations, as well as how to link up to the live stream.Stay tuned as we continue to bring daily coverage from the festival each day.Words by Sarah BourquePhotos by Sam Shinault Photographylast_img read more

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GSD Professor Van Valkenburgh wins Brendan Gill Prize

first_imgThe 23rd Brendan Gill Prize was awarded to Michael Van Valkenburgh, Charles Eliot Professor in Practice of Landscape Architecture, by the Municipal Art Society of New York.Recently opened to the public, Piers One and Six of the Brooklyn Bridge Park provide a variety of programming including a playground with a variety of swinging experiences and water features, marsh gardens and wetland areas, open lawns for passive recreation and large-scale events, and a kayak launch site. Piers Two through Five will be opened to the public in stages over the next several years, and will include a range of spaces for natural and recreational programming.Created in 1987, the prize honors Brendan Gill, long-time MAS trustee, renowned New Yorker theater critic, author, and architectural preservationist. The cash prize, funded by a permanent endowment, is awarded annually to the creator of a work of art, book, sculpture, film, musical composition, or architectural design, accomplished the previous year, that best captures the spirit and energy of New York City. Read Full Storylast_img read more

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Keep fighting WNV

first_imgBumper crop of bugsHeavy early-summer rains produced a bumper crop of mosquitoes in the low-lying swamp areas so common in south Georgia. Coastal areas typically have a greater variety of mosquitoes than upstate areas because there are more places with standing water. But even in these areas, the southern house mosquito is still the primary vector of West Nile virus. Many entomologists believe the heavy rains of earlier this summer helped to suppress this species by regularly flushing the storm drain systems. Empty all water containersFortunately for Georgians, the Asian tiger mosquito, which is very common in many neighborhoods, hasn’t proven a significant vector of West Nile virus. This mosquito prefers to breed in containers (buckets, tires, pet dishes and anything else that will hold a little water). It can best be controlled if homeowners are vigilant about emptying anything that can hold water around their homes. With the opening of hunting season, hunters should be vigilant when spending extended times in mosquito-infested areas. This species prefers to breed in polluted water and the storm drain systems of towns and cities. The recent drying trend makes conditions ideal for this species. These higher-than-usual populations of Culiseta melanura, the primary carrier of eastern equine encephalitis, produced an outbreak of this disease that hadn’t been seen in several years. To date, Georgia has had two human cases of EEE, one of which was fatal, and 14 cases of West Nile virus, one of which was fatal. The bottom line: stay vigilant a little longer. Avoid as many mosquito bites as possible, and eliminate any standing water around your home and neighborhood. Soon the leaves will be turning and mosquitoes will be a distant memory. Beat the biteThe best way to prevent any mosquito-borne diseases is to prevent bites. Avoid areas of intense mosquito activity if you can. Wear loose-fitting, long-sleeved shirts and pants. And use insect repellent containing DEET.center_img Adult mosquitoes often prefer to rest in low-lying areas, which have slightly higher humidity level and denser vegetation, during the heat of the day. Enlist neighbors in the fightHomeowners, particularly those living in neighborhoods, often face nuisance mosquito populations despite their best efforts to prevent mosquito breeding. Both of these diseases can cause encephalitis, an inflammation of the brain. Even if encephalitis isn’t fatal, it can have long-lasting health implications. By Elmer GrayUniversity of GeorgiaIn football season, most folks don’t think much about mosquitoes. But they should. They’re still active, and it’s important to remain vigilant against them and the West Nile virus they can carry.Many mosquito species have tested positive for West Nile virus nationwide. But the primary carrier in Georgia is the southern house mosquito (Culex quinquefasciatus). Make property less attractive to mosquitoes by trimming grass and plants as short as possible around your home. Mosquitoes like dense vegetation to rest in during the heat of the day and to break wind currents. So the more open your property is, the less suitable it is for mosquitoes. Most mosquitoes can easily fly a quarter-mile. So it takes only a few negligent people for an entire neighborhood to be infested. Communication and education are the best tools in these situations. Horses are also affected by both diseases, with 71 cases of EEE and 16 cases of WNV in horses in Georgia this year. Like other insects, mosquitoes typically survive longer if it’s more humid. The cooler days of early fall also extend their lives, since they don’t dry out as fast. However, they do develop slower when it’s cooler outside. Eastern equine encephalitis is much more deadly than West Nile virus with a case fatality rate near 50 percent as opposed to West Nile virus’s 3 percent to 15 percent.last_img read more

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Little support for coal bailout in Michigan

first_imgLittle support for coal bailout in Michigan FacebookTwitterLinkedInEmailPrint分享The Detroit News:Michigan energy suppliers say proposed actions by the Trump administration to declare an energy state of emergency are unnecessary and could lead to higher electric bills for customers.Members of the Federal Energy Regulatory Commission, which regulates electricity sales and transmission, testified before Congress last week that there is no energy emergency to justify the federal action. Michigan utility companies agreed, saying coal is expensive and that they can provide reliable electricity from cheaper and greener sources such as natural gas, solar and wind.“If they’re going to buy more expensive power, that comes out of ratepayers’ pockets,” said Jim MacInnes, chair of Michigan’s Utility Consumer Participation Board, a five-member group appointed by the governor to provide grants to organizations representing the interests of residential energy utility customers. “System operators are telling us we have more than adequate capacity. Michigan already has the highest electricity rates in the Midwest. Why would we want to make them higher?” “We don’t believe there is an energy crisis or state of emergency, but we do believe there is an opportunity of a generation to have a cleaner and leaner energy supply,” said Patti Poppe, president and CEO of Consumers and its parent, CMS Energy. “What we are doing is beyond federal regulations or mandates. We’re doing this because we can generate electricity with this new balanced and clean energy portfolio in an affordable way that still provides for energy stability, reliability and accessibility.”More demand for coal power would not save many of Michigan’s coal plants, most of which will have been in operation for 60 years or longer by the time they retire. Some parts to repair and update Lansing Board of Water and Light’s two power stations from the ’50s and ’70s are not even available anymore, said Amy Adamy, the board’s spokeswoman.“These plants are old. They’re reaching the end of their life,” said [Irene] Dimitry, [DTE’s vice president of business planning and development.] “We’re in the transition stage already. We’re investing in them just to make sure they are reliable and safe through the transition period. It’s like a car. You replace parts until there’s so many big parts that need repairs that you just need to buy a new car.”More: Trump’s call for coal energy could cost Michigan consumerslast_img read more

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A $2 million increase in product sales

first_imgFinancial Education is one of those amazing things where the more you use it, the more you can find new uses for it. Providing financial education to your members is not only the right thing to do because it empowers them to make smarter decisions, but it also can help accelerate and grow a financial institution’s business at the same time. It can be used strategically in many ways across different parts of a credit union – Members, SEGs, and Community Outreach. But in the end, a credit union that provides a solid Financial Education program really helps to build trust and loyalty with the communities and people they care most about.Content marketing, which is the practice of attracting consumers by providing valuable information, has become a central tenet of many corporate marketing strategies. And Financial Education is increasingly being used for content marketing. But for credit unions, this type of marketing—particularly Financial Education programming—is especially powerful. Why? 3 Reasons Why Financial Education is the Best Content Marketing Tool for Credit UnionsCredit unions are perfectly positioned to instill knowledge. As community-founded institutional brands, credit unions are already perceived as a valuable source of financial information. Adding financial education to your marketing toolkit should be a natural extension of your other offerings.Financial education offers powerful ROI. One study on online education found that 20 percent of consumers will purchase a product as a result of their experience, with 94 percent coming away with a more favorable perception of the brand.[1] And a 2014 FICO survey found that after a bank-sponsored financial education program, respondents not only used more banking services, but also became more loyal to their institutions.[2].  While not surprising, it is clear that adult financial education can create that long-term loyalty while obviously being just a good thing to do.Consumers are seeking financial education. Today, one survey found 75 percent of adults admit that they could benefit from financial education, and sadly almost 23 percent are unable to pay all their bills on time.[3] This may be understating the need.  Community First Credit Union found supporting results. After conducting hundreds of interviews, they found that 100 percent of interviewees agreed that financial education was important. How Community First Generated a $2 Million Increase in Sales Using Financial EducationWhen Community First surveyed a group of members and prospects on financial education, we found that a whopping 100 percent of those we spoke to agreed that they needed more financial education. Together, in partnership with EVERFI, we then offered online financial education programming to our members and promoted it through our marketing channels—the results speak for themselves:  40% increase in account openings in a single day. After we launched our financial wellness program, we experienced a 40% increase in account openings in a single day. 20% conversion rate on program emails. We marketed the new program through social media, website banners, and email. Emails that linked members to a landing page to start the financial education program saw a conversion rate of 20% during the initial campaign launch.Participation rates that exceeded expectations. Out of the our 122,000 members, more than 7,000 have finished at least one learning module, surpassing the original target goal of reaching 5% of their membership by almost a thousand members.  A $2 million increase in product sales. Products that were promoted during learning modules saw increased sales as a result of the program. For example, when we promoted debt consolidation loans during one module, we saw a 41% increase in sales over a campaign the year before that did not include online financial education—an increase of nearly $2 million.Consumers are crying out for Financial Education, and credit unions that step in to fill this gap will reap rewards. For more information on how Community First Credit Union helped fill the Financial Education gap while increasing sales, download our full white paper here.Co-Authored By: Steve Rice[1] “Online Consumer Education Programs Outperform Traditional Media Advertising and Direct Marketing Programs.” Business Wire. Powered Inc. 22 May 2006. Web. 16 Aug. 2017 [2] “Credit unions and financial literacy.” Lending Solutions Incorporated. 16 Oct. 2015. Web. 16 Aug. 2017 [3] Poll, Harris. “The 2015 Consumer Financial Literacy Survey.” The National Foundation for Credit Counseling. Nerd Wallet. March 2015. Web. 16 Aug 2017 156SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jonathan Hanson Jonathan Hanson is the Product Marketing Manager at Community First Credit Union in Jacksonville, FL.  He’s been in the financial services industry for 9 years and is committed to … Web: https://www.communityfirstfl.org Detailslast_img read more

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Turn your credit union’s SERP liability into net income

first_imgThis is placeholder text continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr As not-for-profits, credit unions are limited in what they can do to recruit and retain top talent, particularly even more so since the excise tax was implemented by IRS interim guidelines in December 2017 in response to the Tax Cuts and Jobs Act. In addition, retirement plans tied to the stock market are taking significant losses during the coronavirus pandemic—as they likely would in any bear market of prolonged price decline.So, what does this mean for credit unions that want to set up or optimize executive retirement plans right now?Instead of 457(f) plans that link to the bear market, executives and their boards should be investigating whole life split-dollar plans. During this time of lost income, credit unions can readily turn a 457(f) liability into a performing asset by changing to a whole life split-dollar plan.center_img This post is currently collecting data…last_img read more

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Don’t export masks, Minister pleads amid coronavirus panic buying

first_imgTopics : “We urge them to increase production and fulfil domestic needs first […] We are calling on producers to not export [masks],” he told reporters in Jakarta on Thursday.The minister’s appeal follows cases of mask manufacturers who allegedly hoard or produce low-quality, high-price masks to tap into the recent skyrocketing price of masks following fears of a global spread of the novel coronavirus. Customers in the country have been swarming supermarkets and drugstores for masks and hand sanitizers following President Joko “Jokowi” Widodo’s announcement of the country’s first two confirmed cases of COVID-19 on Monday.Panic buying has triggered a price surge for the item both online and offline in the last two days. A box of face masks is now selling for an average price of Rp 300,000 (US$ 21) – a whopping 1,500 percent increase from the original Rp 20,000 per box. The National Consumer Protection Agency (BPKN) chairman Ardiansyah Parman pointed out on Monday that culprits could be imprisoned for up to five years or face a fine of Rp 50 billion (US$ 3.53 million) for withholding an important product over a period time amid scarcity, quoting the 2014 law on trade.Read also: We’ve found no violation: KPPU on skyrocketing face mask prices”Don’t try to find opportunities when the public is experiencing struggles,” he said in a press conference. “Empathize with them instead.”On Wednesday, State-owned Enterprises Minister Erick Thohir said during a state-owned pharmaceutical company PT Kimia Farma site visit in Jakarta that the firm has limited the number of masks and hand sanitizer available for purchase at its 1,300 stores nationwide.The policy aims to ensure the products’ availability in the long run amid panic buying prompted by the COVID-19 spread in Indonesia.center_img Trade Minister Agus Suparmanto has urged mask producers to halt the export of masks and cater to domestic needs first amid a spike in demand for the item in Indonesia.The problem is, he said, that a number of producers have intentionally been holding back mask supplies and raising prices.Read also: Kimia Farma puts in place mask and hand sanitizer rationing to ensure availabilitylast_img read more

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Germany green bond-linked spending spans real, intangible assets

first_imgThe German government has published the framework for forthcoming green bonds from the sovereign, identifying real and intangible assets as eligible targets of expenditure to which proceeds are allocated. According to a report issued by the finance agency on Monday, the spending associated with the green bonds will be in five main sectors: transport; international cooperation; research, innovation and awareness-raising; energy and industry; and agriculture, forestry and natural landscapes. Examples of eligible expenditures include grants for maintenance or development of rail infrastructure for freight and passenger transportation, financing electric mobility and recycling of materials, especially batteries, according to the agency’s framework.Expenditure on armaments, defence, tobacco, alcohol, gambling, and any activity that is principally based on, or related to, fossil fuels, including coal, or nuclear energy, is excluded, the report stated. Germany also plans to assist emerging markets and developing countries in their efforts to transition towards a more environmentally-friendly economy.“I would like to see a green master plan from the federal government and a clear analysis of what kind of transformation we need in which sectors,” said Silke Stremlau, member of the management board at pension provider Hannoversche Kassen.She believes that agriculture, food and the entire consumer industry would need to be taken into account for sustainable investments alongside transport, mobility and energy.Under the government’s green bond framework, securities issued will always be assigned to expenditures in the preceding budget year. More than €12.7bn has been classified as green expenditure in the 2019 budget according to the framework criteria.Final associated expenditures will be presented in allocation reports, the first of which is due to be published next year. Reporting on the impact of green expenditures is also foreseen.“Our innovative ‘twin bond’ approach is designed to act as a catalyst, channelling more investments into a greener economy”Jörg Kukies, state secretary at the federal ministry of financeJörg Kukies, state secretary at the federal ministry of finance, said: “From now on, the German government will issue green federal bonds every year.“Our innovative ‘twin bond’ approach is designed to attract new investors and issuers to the green bond market and thus act as a catalyst, channelling more investments into a greener economy.”The government will issue ‘twin bonds’, green bonds and conventional bonds, with a 10-year maturity and an identical coupon of 0%.It expects to issue between €8bn-12bn in green federal bonds this year. The first issue is planned for September, as the twin of a 10-year bond sold in June.Although green bonds will always be issued as a counterpart to a conventional security, the finance agency has said the issuance volumes will be different, with conventional bonds being placed at a significantly larger volume than the green twin.  Future plansGermany plans to radically change its energy system from nuclear and fossil fuels towards renewable energy sources. It has set a goal to reach 80-95% reduction in greenhouse gas emissions by 2050 compared with 1990 levels. It has committed to phase out coal-fired power generation by 2038 at the latest, at the same time expanding the share of renewable energies in gross electricity consumption to 65% by 2030.It has said it would  provide investors with transparent reporting on the allocation of proceeds and their impact through reports for each green sector.Stremlau said Germany will reinforce its position internationally as a location for sustainable finance, with a green investment programme paired with financial solidity.Green bonds will most likely find buyers, she added, but for Hannoversche Kassen a 0% coupon is “absolutely unattractive” and it will not purchase the green bonds.“I understand that the government issues a 0% coupon due to the [current] market situation, but I would like something different for the future,” she said.The German government has said it plans to establish a green yield curve for the euro area, with the same maturities as on the conventional curve.“Market participants with different investment horizons will have at their disposal a green, transparent investment opportunity with first-class credit quality,” it said. To read the digital edition of IPE’s latest magazine click here.last_img read more

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