Sustainable Debt Issuance Breezed Past $1.6 Trillion in 2021

Volumes of sustainable debt surpassed $1.6 trillion in 2021 alone, more than doubling 2020’s end of year value, according to data compiled by research company BloombergNEF (BNEF) for its 1H 2022 Sustainable Finance Market Outlook. The fastest growth for sustainability themes in debt issuance last year came from sustainability-linked loans and bonds, which are instruments for which repayment is tied to the achievement of institutional environmental, social and governance (ESG) targets, such as greenhouse gas emissions reductions. These saw more than $530 billion issued in 2021 on their own, compared…

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Record Month Shoots Green Bonds Past Trillion-Dollar Mark

Green bonds have passed their biggest milestone yet, with more than $1 trillion issued since these securities first emerged in 2007, according to research company BloombergNEF (BNEF). They are the longest standing and most heavily used instrument in the sustainable debt market, which covers a range of fixed-income products offering environmental and social benefits. More than $200 billion worth of green bonds – which are used to finance the pursuit of environmental projects and activities, from wind farms to wastewater management – have been issued in 2020 thus far. This…

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Clean Energy Investment In Developing Nations Slumps As Financing In China Slows

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope, an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO2 emissions or the consequences of climate…

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