Pandemic will weigh on green bond issuance this year
Monday, August 24, 2020
Significance
The downturn came after a strong 2019 when there was a record issuance of green bonds.
Impacts
- Green bonds will be a key part of future efforts to make the global economy greener and more resilient to future crises.
- The development and harmonisation of taxonomies, principles and standards will contribute to the long-term growth of green debt.
- The growth of the green bond asset class will help create new jobs in green finance.