Green bonds are expected to reach more than $130 billion in 2017


www.climateactionprogramme.org |September 26, 2017,

Bloomberg New Energy Finance published its most recent analysis and revealed that green bonds issuance is set to reach $134.9 billion by the end of 2017, a new record so far.

So far, green bonds issuance has been $96 billion and another $39 billion is anticipated for the next months.

If the almost $135 billion projection comes true, it will be an increase of 36 percent in relation to 2016, which saw $99.1 billion of green bonds in total.

In 2015 $50 billion of green bonds were issued, in 2014 $36.6 billion, and in 2013 $14.8 billion.

Southern Company’s subsidiary Southern Power Co is said to be largest US green bond issuer to date, since it has issued over $3 billion worth of green bonds destined for investment in clean energy since 2015.

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