Green Bonds Hit Record High Despite Persistent Challenges

Green bonds account for a tiny proportion of the global bond market but have significant growth potential as consumers become increasingly concerned about environmental issues, such as climate change. The issuance of green bonds could also support governments worldwide in undergoing a green transition. Green bonds contribute to projects that support the environment, such as renewable energy, clean transportation, and pollution reduction. They have become a means for governments and companies to attract investors who care about sustainability and...