Green Bonds Benefit Companies, Investors, and the Planet
NOVEMBER 22, 2018
The past five years have seen explosive growth in “corporate green bonds” issued to finance climate-friendly projects. While investors bought just $3 billion of these bonds in 2013, they scooped up $49 billion worth in 2017, bringing the total sold since 2013 to $113 billion at an average of $308 million per offering. A wide range of companies including Apple , Unilever , and Bank of America have issued green bonds in recent years, and the trend is likely to continue.