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Global green bonds more than doubled in 2016, led by China

Climate Finance

The world’s biggest carbon-emitter raised $36.2 billion for bonds to meet its ambitious carbon reduction targets. That pushed the global value of green bonds issued last year to a record $93 billion, up 120 percent from 2015. Moody’s Investor Services said green bond issues could more than double again in 2017, to $206 billion. The Climate Bonds Initiative has a good primer on China’s green bond market.

Photo credit: Getty Images

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