INDUSTRY NEWS

‘We need to see US$5 trillion’: the role of green bonds in delivering sustainable solar investments

2024-04-18

“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)

 

Disclaimer: This website reproduces information from cooperative media, institutions or other websites. The publication of this article for the purpose of transmitting more information,and it does not imply endorsement of its views or confirmation of the authenticity of the content.  All information on this website is for reference only and can’t be used as the basis for transactions or services. If there are any infringement or other issues in the content of this website, please notify it in time, then this website will be promptly modified or deleted. Anyone who logs in to this website in any way, or directly or indirectly uses the information on this website shall be deemed to have voluntarily accepted the binding of this website statement.