Europe: Sovereigns wanted

Author: | Published: 26 Jan 2017
Green finance is calling out for government issuances to kickstart the market

The global climate finance market has had quite a warm start in 2017. In the first fortnight of January alone we've seen France issue sovereign green notes for the first time - which would have been a world first had Poland not just surged ahead, closing in late December - and the first Climate Bonds-certified fixed rate loan in Europe.

Add that to announcements from Sweden, Nigeria, Australia and Kenya to follow suit at the end of last year, and the next 12 months are shaping up to be something really meaningful. Issuance in 2016 was over double that of...