The market for green bonds continues to expand at a rapid pace. At 32 billion dollars, issuance volumes so far this year are already three times higher than for all of 2013, according to data from Climate Bonds Initiative.
This brings total, cumulative, issuance to above 50 billion dollars. This is still modest in relation both to other, mature parts of the global bond market and to the massive need of financing to realise the climate related investments necessary to meet the two degrees target.
It is, however, indisputably a strong start and judging by SEB’s own pipeline of deals and indications from others, the market is set to continue its stellar expansion.