Green bonds are a type of debt instrument that can be used by entities to finance environmental and climate-related projects. The proceeds from the sale of green bonds are used to finance projects that have positive environmental or climate benefits, such as renewable energy, energy efficiency, pollution control, and land and water conservation.
The issuance of green bonds has grown rapidly in recent years, with the market reaching $155 billion in 2016. This growth is being driven by a combination of factors, including increasing investor demand for green investments, a need for financing for climate-related projects, and favorable market conditions.
The use of green bonds is one way that entities are able to finance conservation efforts. The proceeds from the sale of green bonds can be used to fund a variety of different projects, ranging from the development of renewable energy to the protection of endangered species.
