Green bonds issuance up 4-fold since 2013: Report
With worldwide actions to equip the financial system for sustainable development doubling over last five years, issuance of green bonds touched $51.4 billion this year, a four-fold increase since 2013, a UNEP report stated. Further, developing and emerging economies have introduced steps for greening the banking sector, accounting for 70% of total measures in that sector, the report added.