Sales of 'Green Bonds' Funding Environmental Projects Surge by 78 Percent in One Year

By:
Chris Gaetano
Published Date:
Jan 8, 2020
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Green bonds and loans, funding projects ranging from environmental remediation to clean energy to habitat conservation, are surging, with sales having spiked by 78 percent between 2018 and 2019, according to Bloomberg. The financial products—encompassing sustainable debt instruments like green bonds, green loans, sustainability bonds and social bonds—are now a $465 billion market, significantly more than the already-large $261 billion size they represented in 2018. Meanwhile, the outstanding amount of sustainability debt is now more than $1 trillion. Analysts expect this growth to continue in 2020 due to both changing market demand for more environmental consideration, as well as the continued activity by issuers who meet it. 

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