{"id":19474,"date":"2022-06-23T21:00:00","date_gmt":"2022-06-23T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=19474"},"modified":"2022-07-21T10:39:04","modified_gmt":"2022-07-21T08:39:04","slug":"green-bonds-environmental-investment","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/green-bonds-environmental-investment\/","title":{"rendered":"Green bonds, an environmental investment"},"content":{"rendered":"
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The issuance of green bonds, aimed at financing sustainable projects, continues to rise after closing 2020 with historic figures of $270 billion. The European Commission and countries such as Spain are joining this investment trend.<\/b><\/h3>\n

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Green bonds are fixed-income instruments that are exclusively aimed at financing or refinancing <\/span>environmental or climate change-related projects<\/b>. Thus, they promote energy efficiency, pollution reduction, ecosystem protection or clean water management; they promote sustainable agriculture, fishing and forestry; and they even mitigate climate change, with the so-called climate bonds.<\/span><\/p>\n

After nine years of consecutive growth in the sector, the green bond market closed 2020 with a total of <\/span>$270 billion<\/b><\/a> issued and a cumulative volume of $1 trillion<\/b>. The World Bank is the largest issuer of these bonds, having issued <\/span>$14.4 billion<\/a> <\/span>worth of bonds in 22 different currencies in the last year, which have gone to 111 projects around the world, mostly focused on renewable energy (33%), clean transport (27%) and agriculture (15%).<\/span><\/p>\n

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Bonds serving the community<\/b>\u00a0<\/span><\/h3>\n

Through green bonds, investors provide financing to companies, projects, even governments, that want to take advantage of the <\/span>debt capital markets to deliver sustainable and global solutions <\/b>for the community. To ensure this green purpose, the International Capital Markets Association (ICMA) regularly updates the <\/span>GBP (Green Bonds Principles)<\/span><\/a> that all such bonds must comply with. Although it is a voluntary guide, all stakeholders are encouraged to use it to promote transparency in the sector and awareness of the product and the market among the actors involved.<\/span><\/p>\n

The Climate Bonds Initiative<\/span><\/a> is a non-profit organisation and one of the leading bodies in this sector, which is responsible for developing and mobilising the $100 trillion bond market. With the intention of paving the way for all the actors involved in the sector, they work through an open code, particularly focused, on <\/span>protecting investors<\/b>, facilitating the entry of governments into the market, and providing the necessary knowledge and tools to all the organisations that participate.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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