Global green bond market seen hitting record US$1t by end-2022
US$5t is now new target for 2025, adds Climate Bonds Initiative's CEO; further impetus for growth expected from COP26
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Singapore
THE global green bond market will double in size to reach a record-breaking milestone of US$1 trillion by the end of next year - with US$5 trillion now the new target for 2025 - says Climate Bonds Initiative chief executive officer Sean Kidney.
This, as green bond issuance reached a half-year record of US$227.8 billion in the first half of 2021, after totalling US$297 billion in the whole of 2020.
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