The volume of "green bonds" with proceeds earmarked for investments such as a wind farm or a low carbon transport network nearly doubled in 2016. Even so, outstanding green bonds still account for less than 0.2 percent of the $100 trillion global debt market. The government has identified around 10 billion euros of green expenditure so France may become a regular issuer of green bonds. But China's success lays bare one of the teething problems that have dogged the green bond market. Some think that after an explosion in green bonds, the market might have to take a step back to go forward.

Source: Standard Digital January 16, 2017 06:42 UTC