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

Law360, London (January 26, 2021, 1:40 PM GMT) -- 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 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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