$500bn in 2021: What the green bond surge means for investors

Green bonds are a rapidly growing area of debt issuance. According to the Climate Bonds Initiative, 2021 could see as much as $500bn in green bonds being issued. If reached, this would nearly double the record-breaking $269bn issued in 2020. How could this sustained surge impact portfolios?  Some managers are optimistic about what this growth in green bond issuance could mean for them. Bertrand Rocher, portfolio manager and senior credit analyst at Mirova, is encouraged by the spread and depth of issuance he is seeing. "The growth in the number of green bonds and the now vast varie...