Climate focus drives demand for ‘green’ bonds.

140314FinancialTimesWith billions of dollars of investment required to cope with climate change, the market for “green” bonds that finance environmentally friendly projects has taken off – and is forecast to grow rapidly. Green bond issuance is estimated to have increased more than fivefold last year, with Dealogic recording 29 deals worth a total of $11.2bn. Already this year 11 bonds have been issued, worth a total of $3.78bn, so the surge is continuing. Jim Yong Kim, president of the World Bank, called for a doubling of the global market for green bonds to $20bn by September. More…

 

Source: Financial Times

admin // 13.03.2014

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