2018 Climate Bonds Initiative Green Bonds State of the Market


8Green bonds are issued in order to raise finance for climate change solutions. The key is for the proceeds to go to green assets. They can be issued by central and local governments, banks or corporations.

The green bond label can be applied to any debt format, including private placement, securitisation, covered bond, and sukuk, as well as labelled green loans which comply with the Green Bond Principles (GBP) or the Green Loan Principles (GLP). This report provides a detailed review of trends in 2018 across geographies, corporate and sovereign issuers and details issues such as preferred currencies, review procedures and the role of financial institutions.