The bank’s first green bond in US$ initially targeted an issue size of US$500 million but was doubled thanks to strong demand
Despite impressive growth since 2015, a lack of diversification poses challenge
Sales of green bonds thus far in 2017 are approaching US$50 billion
The aim of the modified voluntary governing principles is to expand the range of issuers and market participants in green bonds
Green bond issuance rose 60% in 2016 to US$113 billion
Report suggests sector is on track to top last year’s record
Green bond issuance rose 120% to US$93.4 billion in 2016
Vancity Capital is contributing to a revolving credit facility that will provide CoPower, a clean energy investment platform, with flexible capital to finance clean energy projects
The Solactive green bond EUR USD IG index is the first to focus on investment grade issues that are defined as green bonds by the Climate Bond Initiative
The proceeds from the $800-million debt financing will fund 12 environmentally friendly projects