The Bank of China transition bond was ground-breaking in its claims to align with the newly launched transition finance recommendations, reports Ahren Lester, but experts judged the transaction as failing to live up to its promise and ambition
An investor rebellion over financing a coal mine could herald a new dawn for the green bond market, writes Peter Cripps
A new study shows weak link between companies' climate targets and green debt financing, say Gregor Vulturius and Heidi Tuhkanen
As more green bond funds come to market, institutional investors are calling for more consistency and detail in their impact reports. Graham Cooper explains
Click here to download FREE, Environmental Finance's Sustainable Bonds Insight 2020. This report includes graphics and data illustrating the main trends of 2019 in the green, social and sustainability bond markets together with forward-looking commentary from leading market commentators.
Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.
Annual issuance value of Green, social, sustainability and sustainability-linked bonds by issuer type.
2020 saw steady growth for most sectors issuing GSSS bonds, however the biggest gains came from supranationals which saw issuance grow almost sevenfold. This can be attributed to the large number of social and sustainability bonds issued by supranationals to fund their response to the coronavirus pandemic. The European Union alone raised nearly $47 billion in response to the coronavirus pandemic through several record breaking social bonds, however even when accounting for this Supranational issuance more than tripled from 2019 to 2020.
