Transition Bonds poised to hit $1.5 trillion: Climate Bonds Initiative

Transition bonds are poised to be the next big thing in sustainable debt as heavy polluters worldwide look to raise money to help them clean up their acts, according to a climate finance group.
 

The market for these new securities is set to hit $1.5 trillion by the end of the decade, up from just $12 billion, according to the Climate Bonds Initiative, the world’s No. 1 certifier of green debt. 

“The appetite for green bonds is unbelievable,” said Sean Kidney, the chief executive officer of London-based CBI. Transition bonds are “a subset label. It’s a flavor, but it’s still