Moody’s slashes green bond forecast but covered a bright spot

The green bond market could grow by as little as 13% this year, according to Moody’s, which has slashed its forecast after having previously anticipated a 60% rise in issuance. The rating agency nevertheless noted increases in sustainable and social bond issuance, and highlighted covered bonds’ potential. In a report on Wednesday, Moody’s noted that green bond issuance – based on Climate Bonds Initiative figures and classification – rebounded in … Continue reading Moody’s slashes green bond forecast but covered a bright spot