Sovereigns deaf to clamour for green bonds
Calls are growing louder for sovereigns to pull their weight and assume a leading role in the development of the green bond market. But, as was demonstrated at panels in Euromoney’s Global Borrowers & Bond Investors Forum this week, many of them are reluctant to take up the SRI baton, write Lewis McLellan and Sharon Kimathi.
After France’s sensational €7bn green OAT, some thought the floodgates for sovereign green issuance would open. But, six months down the line, while France has tapped its maiden issue for a further €1.6bn, it still stands in solitary splendour as the only sovereign green benchmark deal.Indeed, it ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org