“We’re seeing annually that green bonds are massively expanding, so it’s a market that’s very quickly growing,” said Meggie Eloy. Image: Lightsource BP
Following PV Tech Premium’s discussion of the “incredible” levels of finance now available in the solar sector, an increasing volume of finance is coming from so-called ‘green bonds’.
“[The green bond] was US$2 billion in 2010,” Meggie Eloy, a senior analyst at the Climate Bonds Initiative (CBI), tells PV Tech Premium, discussing the growth in the global clean bonds sector. “Last year, it was US$4 trillion, so it’s still growing and we’re seeing annually that green bonds are massively expanding, so it’s a market that’s very quickly growing. And I would say a large part of that is because of us and the work that we’re doing within solar in particular.”
(The above content is reproduced from pv-tech,By JP Casey)
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