Leg up for green bonds amid record sustainable debt in 2020
Click here to read full article from source
India, Jan. 12 -- Sustainable debt worth $732 billion issued globally; $305 billion of that in green bonds
The novel coronavirus disease (COVID-19) pandemic may have affected several efforts to combat climate change in 2020, but it did not slow down the nascent sustainable debt sector. A record $732.1 billion (Rs 53.6 lakh crore) worth sustainable bonds and loans were issued last year, 29 per cent more than in 2019, according to a recent report.
Green bonds, the oldest of the sustainable debt instruments, rose 13 per cent to set an issuance record of $305.3 billion.
Social and sustainability bonds grew consistently while green bonds surged later in the year, according to the report released January 11, 2020 by energy research organisat...
To read the full article or to get the complete feed from this publication, please Contact Us