Graphic: Green bond market on track for growth -
“Companies are recognising that they had to, maybe, hold off on their plans, but I don’t think there was any concern that it would be a permanent change or an adjustment,” Kendall said.STILL A WAY TO GO And the lead green debt enjoyed over the other two main avenues of sustainable fundraising - social bonds and sustainable bonds, a blend of green and social - has been eroded this year.
Social bonds account for 21% of all sustainable issuance this year, versus 6% in 2019, while the share of green bonds has declined to 62%, down from 79% last year, Dealogic data up to Sept 10 shows.
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Benchmark wirecard