After a slow start to the year, data from the
second quarter suggest the green bond market has recovered.
According to an SEB report, issuance almost doubled from $7.3
billion in the first quarter to $12.1 billion over the next
three months. But the asset class’s growth is
being restricted by the absence of US issuers, according to
"The green bond market by now is an established
part of the bond market, but all parties involved will need to
re-double efforts for the green bond market to realise its full
potential," said Christopher Flensborg, SEB’s head
of sustainable products and product development who is regarded
as the architect of the green bond instrument.
Along with the widely-held view that clearer definitions
over what qualifies...