Inflows to ESG bonds and equity funds have grown by almost 30% so far in 2019, driven by ballooning demand for sustainable finance products, according to BNP Paribas.
The analysis found that both sustainable bond issuance and demand picked up markedly through 2019. It predicts green bond issuance will reach up to $250bn by the end of the year, setting a new record for the sector. Inflows into ESG bonds and equity funds also showed a marked uptick, with an almost 30% increase in investment so far in 2019, it said. The growth in sustainable bonds comes against a broader slowdown in some key markets, with US data for retail sales, housing, business sentiment, and industrial production all lower. By contrast, over-subscription remains strong in the ...
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