Green bonds set for strong growth worldwide
Thursday, March 15, 2018
Subject
Green bond growth.
Significance
The global issuance of green bonds registered another year of strong growth in 2017, hitting record levels. The green debt market is growing in the high double-digits and will help both developed and developing nations in their efforts to meet global and national climate targets, making economies and financial systems more environmentally friendly.
Impacts
- Firms’ need to demonstrate their green credentials will boost the popularity and prevalence of green bonds.
- Green debt issuances will help developing countries facing problems with urbanisation, climate change and natural disasters.
- Banks in emerging markets will play an increasing green bond role with support from multilaterals and trade groups.