Global green bond issuance reached milestone peak in 2020

25.01.2021 - Petr Mazaylo
Global green bond issuance reached milestone peak in 2020

Global green bond issuance touched a historic high of $269.5 billion by the end of last year. More so, it is expected to hit a new record peak of around $400-$450 billion in 2021, a report released by the Climate Bonds Initiative (CBI) showed on Monday.

Considered as fixed-income securities, green bonds are dedicated to environmentally-relevant projects such as renewable energy and low-carbon transport. The figure seen in 2020 came higher than 2019’s record of $266.5 billion. This was mainly from a slowdown in issuance as the coronavirus drag pressed during the second quarter.

U.S. President Joe Biden’s plan of listing the country back under the International Paris Agreement, together with investors and policymakers’ goal of decarbonizing industrial sectors, came as one of the supporting factors for green bond issuance this year.

Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.ai or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue
×

Help with deposit?