Green bond milestone: Global issuance surpasses $100 billon in first half of 2019
Global issuance of green bonds has hit yet another milestone: for the first time surpassing $100 billion inside six months, the Climate Bonds Initiative confirmed.
The $100 billion mark was first reached in November 2017 during the COP23 climate summit, and again in September. Now the milestone has been reached during the first half of the year for the first time.
The record means the global green bond market has quadrupled since 2014.
Thanks to several bonds settled late last week and a $340.53 million bond from Dutch utility firm Alliander NV settled a week ago, green issuance has shot up to $121 billion for 2019 so far, the Climate Bonds Initiative explained.