Daily News for Energy & Environment

World: Green bonds mentain a steady growth on the market, reaching their second largest quarter

The green bond market has kept its strong pace in Quarter 3 2017, reaching a total of USD27.7bn from July to September.

On September the 28th, the total amount of green bonds issued in 2017 ytd (USD83.2bn) overtook last year’s total issuance of USD81.6bn.

The top sources of issuance were:

  • Mexico – USD4bn;
  • China – USD3.9bn;
  • France – USD3.3bn;
  • U.S. – USD2.8bn;
  • India – USD1.9bn.

Mexico was a surprising addition to the number one spot, after issuing no green bonds in Q1 or Q2 this year.

Big firsts came during Q3, with 52% of issuances being from first-time issuers. First ever green sukuk and inaugural green bond from Malaysia with Tadau Energy (USD58.5m), along with a debut from Lithuania (Lietuvos Energija – USD342.5), brought further geographic expansion and diversity in financial instruments to the market.

24% of new issuers were from China and 18% from the U.S.

 

 

Read more about this green bonds world analysis on Alt Energy Stocks.

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