GREEN BONDS
Accessing capital at the massive scale needed to finance a transition to a low carbon, sustainable economy is a tremendous challenge. The green bond market shows great promise for harnessing private, third-party capital to help finance this transition.
As the constant oversubscription of green bond issuances indicates, investors have a substantial appetite for fixed income investments with environmental attributes and for the energy solutions necessary to slow the warming of the global climate.
While green bonds are not a silver bullet, they represent an opportunity to provide hundreds of billions of dollars toward the energy investments needed to avoid catastrophic climate change.