Environmental Finance is proud to say it has been supporting the green bond market since its inception, hosting Green Bond conferences as early as 2011, long before other conference providers followed suit. Building on the success of our market-leading annual green bond conferences in London, we held our second Green Bonds Americas conference in New York on October 7.
The green bond market is on track for continued growth after the value of issues trebled for two years consecutively. The market has seen a healthy $11.8 billion of issues in the second quarter, up from $8.7 billion in the first quarter, and momentum is expected to build in the second half of the year.
The US has seen particularly strong issuance from municipalities, and corporates Morgan Stanley, Bank of America Merrill Lynch and data centre firm Digital Realty have tapped the market in recent months. Meanwhile, Sunrun's plans to follow in SolarCity's footsteps by issuing asset backed securities could point to further activity in this corner of the market.
Latin America is another source of strong potential growth. Brazilian food firm BRF recently issued a green bond, while Peruvian renewables firm Energia Eolica's project bond scooped Environmental Finance's Bond Deal of the Year award.
We discussed developments of this exciting asset class at our event in New York.
The conference was developed in partnership with Bloomberg LP.
