Emerging market green bond issuance will more than double by 2023 to exceed $100-billion, according to two of the biggest players in the sector. The World Bank’s International Finance Corp. and European asset manager Amundi, who together created the world’s largest green bond fund targeting emerging markets, predict sales will rise rapidly from the $40 billion seen in 2020. Issuers will be spurred on by the prospect of cheaper borrowing costs for such debt, they said in a report.
from Engineering News | Home https://ift.tt/3spgva8
