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    Home > Chemicals Industry > International Chemical > Global green bond issuance exceeded the $1 trillion mark

    Global green bond issuance exceeded the $1 trillion mark

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    According to Bloomberg New Energy Finance (BNEF), global green bond issuance has exceeded the $1 trillion mark
    since it was first issued in 2007.

    In 2020 alone, the value of global green bond issuance has exceeded US$200 billion, an increase of 12% compared to January-September in the same period last year, mainly due to the issuance of more than US$50 billion
    in green bonds in September 2020.

    Green bonds have become known around the world for their phenomenal growth in recent years, reaching a record high of more than
    $270 billion last year.
    However, in 2020, with the onset of the coronavirus crisis and the contraction of the global economy, this trend seems likely to be interrupted
    .

    "For most of this year, green bond issuance lagged behind 2019
    .
    However, more than $50 billion was issued in September, offering hope for prosperity in the final quarter of the year," commented
    BNEF Sustainability Analyst.

    One of the biggest impulses in September came from Germany
    .
    In early September, the federal government issued 6.
    5 billion euros ($7.
    7 billion) of sovereign bonds, making it the largest single new green bond
    of the year.
    Similarly, the Swedish government and EDF issued green bonds
    totaling more than $5 billion in September.

    Green bonds have also pushed the broader sustainable debt market (including social bonds, sustainability-related lending, green loans and others) above the $2 trillion mark
    .
    Green bonds were the first sustainable debt instrument to catch investors' attention a decade or more, but some bonds have grown rapidly
    recently.
    In the first nine months of 2020, green bonds accounted for 47%
    of global issued sustainable debt.

    Maia Godemer, Partner at BNEF Sustainable Finance, said: "The integration of environmental, social and governance standards has never been more important
    for investors than in 2020.
    We're already seeing this in the debt market, and not only will these types of financing grow in the coming years, but we'll see further innovation
    .
    One driver could be increasing pressure, especially in Europe
    .

    According to Bloomberg New Energy Finance (BNEF), global green bond issuance has exceeded the $1 trillion mark
    since it was first issued in 2007.

    Green bonds

    In 2020 alone, the value of global green bond issuance has exceeded US$200 billion, an increase of 12% compared to January-September in the same period last year, mainly due to the issuance of more than US$50 billion
    in green bonds in September 2020.

    Green bonds have become known around the world for their phenomenal growth in recent years, reaching a record high of more than
    $270 billion last year.
    However, in 2020, with the onset of the coronavirus crisis and the contraction of the global economy, this trend seems likely to be interrupted
    .

    "For most of this year, green bond issuance lagged behind 2019
    .
    However, more than $50 billion was issued in September, offering hope for prosperity in the final quarter of the year," commented
    BNEF Sustainability Analyst.

    One of the biggest impulses in September came from Germany
    .
    In early September, the federal government issued 6.
    5 billion euros ($7.
    7 billion) of sovereign bonds, making it the largest single new green bond
    of the year.
    Similarly, the Swedish government and EDF issued green bonds
    totaling more than $5 billion in September.

    Green bonds have also pushed the broader sustainable debt market (including social bonds, sustainability-related lending, green loans and others) above the $2 trillion mark
    .
    Green bonds were the first sustainable debt instrument to catch investors' attention a decade or more, but some bonds have grown rapidly
    recently.
    In the first nine months of 2020, green bonds accounted for 47%
    of global issued sustainable debt.

    Maia Godemer, Partner at BNEF Sustainable Finance, said: "The integration of environmental, social and governance standards has never been more important
    for investors than in 2020.
    We're already seeing this in the debt market, and not only will these types of financing grow in the coming years, but we'll see further innovation
    .
    One driver could be increasing pressure, especially in Europe
    .

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