That’s better: Sustainable greenbacks

Renewable energy, water management, electrification of transportation: Companies and governments are increasingly issuing green bonds to finance investments that mitigate climate change. Most recently, bonds worth between 500 and 600 billion US dollars were issued annually—around seven times as much as in 2016. The interest of institutional investors remains high, not least because investment companies, asset managers, insurance companies, and pension funds are required by their investment guidelines to include green bonds in their portfolios.