Green Bonds Boom Set Hit A Record This YearRupert Hargreaves
The green bonds boom is only growing in size.
Today, rating agency Moody's reported that green bond issuance hit a record high in the third quarter of this year demonstrating the expanding demand for ethically-labeled fixed-income instruments from investors.
Green bonds were created to fund projects that have positive environmental and climate benefits with the majority of bonds issued use of proceeds” or asset-linked bonds. Proceeds from these bonds are earmarked for green projects but are backed by the issuer’s entire balance sheet.
According to . . .
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