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As of January 2023, greenbonds had raised US$2.5 Part-credit for this meteoritic growth has been given to the GreenBond Principles (GBP) launched in 2014. Utermarck says that this model has driven the success of particularly greenbonds, of which 98% of global issuances are aligned to the GBP.
As climate urgency increases, and countries around the world look to make good on their nationally determined contributions, the more pressure there is across both emerging and developing markets to adapt to and mitigate the effects of climate change, panellists said. . trillion, the Climate Bonds report said. billion. . “The
To accelerate this transition, UNEP has developed a Land Use Positive Impact Hub to support banks, asset owners and fund managers to determine how to measure the positive environmental and social (E&S) impacts of their land-use investments. Risk management. Mainstream institutions.
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