Green bonds need certification to thrive

Author: | Published: 21 Sep 2017

There are still no globally-accepted environmental and climate finance standards in spite of issuances rocketing. But some initiatives are helping

Numerous stakeholders globally have been expressing their concerns over irreversible environmental damages to the ecosystem, and requesting the market to adopt sustainable and responsible growth models. In this context, trends reflect that the fast-growing green bond market is not only becoming a highly attractive option but is also attracting project developers to generate capital via green bonds as they provide a convenient funding opportunity for projects that have positive environmental and/or climate benefits....