Analytics

Green Bonds Aren’t Driving Climate Action in US, Study Says

Bloomberg reports that according to the study, only 2% of revenue goes to the launch of completely new green projects, while the global market for such bonds has grown to more than $3 trillion.
Green Bonds Aren’t Driving Climate Action in US, Study Says
Almost all green bonds issued in the US fail to drive real action to tackle climate change, undermining the merits of a global market that’s grown to more than $3 trillion, according to a study. An analysis of the first green bonds sold by corporate and municipal issuers between 2013 to 2022 found that about 2% of proceeds were used... ...

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