A new report released by Standard & Poor’s, titled ‘Corporate Bond Market Shows Its Green Shoots’ suggests that global green bond issuance – aimed at funding environmentally friendly investments – more than tripled over the course of 2014. The report goes on to predict that green bond issuance will hit $30 billion, and potentially more, by the end of this year. The lead analyst in this study, S&P’s Michael Wilkins, explains that corporate issuers have been the driving force behind the strong growth, led by the utilities and real estate sectors. Looking forward, it is China’s corporate green bond market that will be the real game-changer – its green bond market could grow substantially over the next few years as Beijing steps up its anti-pollution drive and investment in renewable energy.
Following outreach by Moorgate, the following publications covered the report’s findings: Environmental Finance, IPE, PEI , Institutional Asset Manager, Business Green, Clean Technica, Energy & Environmental, SeeNews Renewables, Edie.net, The Climate Group, and Energy Finance Report