Green bonds: in a nutshell
Green bonds (GBs), sometimes also referred to as 'Climate
bonds', are fixed-income instruments intended to fund projects
with a positive climate, societal or environmental impact. They
offer a particularly attractive opportunity for investors seeing
beyond profits and looking to back sustainable projects. In Europe,
the ever-increasing demand in sustainable investing resulted in
managers to change the strategy or investment profile of 253
European funds in 2020. In Q1 of 2021, these instruments were
issued in 29 currencies and 49 countries. It is evident that Europe
is a hot market for green debt.
Climate change and sustainability has been long addressed by
many jurisdictions worldwide. In 2019, the president of the
European Commission (hereinafter – EC) Ursula von der Leyen
set as one of her top priorities to achieve climate neutrality by
2050. This mission is reflected in the European Green Deal, setting
forth actions to boost the
