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UK Green Finance Bond Issuance Hits Record £10B In 2020

Data provider Refinitiv reported on Tuesday that the high level of environmentally friendly bonds issued in the U.K. made 2020 a bumper year, raising double the amount from the previous year, in a sector likely to flourish amid strong support from government and banking. Sustainable finance bonds issuance hit  £10 billion ($13.7 billion) last year up from £5.1 billion in 2019, Refinitiv said in its report. There was a strong performance from social bonds, which alone accounted for 36% of the sustainable finance bond market during 2020, up from 5% in 2019. “We’ve seen record levels of U.K. sustainable finance issuance …


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