If you've no account register here first time
User Name :
User Email :
Password :

Login Now

A Financial First: Green Bond Issuance Surpasses $100 Billion Mark in First Half of 2019

Green bond issuance has surpassed the $100 billion mark for 2019, according to the Climate Bonds Initiative. The organization expects that the impact of the EU technical expert group (TEG) process will help open the path towards the first trillion in annual green finance investment.

The $100 billion benchmark was first met in November 2017 during COP23 and then in mid-September in 2018. Several bonds that settled late last week and three deals which settled on 24th of June (Alliander at $342 million, Vattenfall at $569 million and  Korea Electric Power Corp at $1 billion) have taken Climate Bonds market data figures on cumulative labelled green issuance for 2019 to $106.7 billion, above the $100 billion mark. Forecasts for final annual issuance in 2019 range from $180 billion through to $240-$250 billion.

The largest corporate bonds issued to date in 2019 have been from Engie at $1.9 billion, LG Chem at $1.6 billion, the Industrial and Commercial Bank of China (ICBC) and MidAmerican Energy, both at $1.5 billion. The largest Sovereign green bond in 2019 to date has been a Climate Bonds Certified issuance from the Netherlands at $6.7 billion.

 

Comment Below On This Story

Download Center

7 Key Costs of Environmental Compliance
Sponsored By:
Dakota Software

Choosing the Correct Emission Control Technology
Sponsored By:
Anguil Environmental Systems

Is Energy-From-Waste Worse Than Coal?
Sponsored By:
Covanta Environmental Solutions

Waste and Climate: Reducing Your Footprint
Sponsored By:
Covanta Environmental Solutions

Zero Waste To Landfill
Sponsored By:
Covanta Environmental Solutions

Environmental Leader Product & Project Awards 2018
Sponsored By:
Environmental Leader

Latest Products

GaBi Software

Improve your Product Sustainability Performance GaBi combines the world’s leading Life Cycle Assessment (LCA) modelling and reporting software, c ...

Service Excellence Program

PARTS AND LABOR TOTALLY COVERED FOR 10 YEARS.

Leave a Comment

Press Releases

Recommended Suppliers

Translate »