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Green bond issuance tops USD 100bn ytd

Top 10 countries for green bonds in Jan-Nov 2017 by CBI (www.climatebonds.net).

November 16 (Renewables Now) - Green bond issuance so far in 2017 is surpassing USD 100 billion (EUR 84.7bn) with the help of a new bond by China Development Bank, the Climate Bonds Initiative announced Wednesday.

China ranks first in the top 10 national green bond issuance in 2017 to date. Then come France, the US, Germany, the Netherlands, Sweden, Mexico, Spain, India and Canada. The table below contains total issuance by country between January 1 and November 16, 2017 and the names of the three largest national green bond issuers.

Top 10 nations Issuance in USD billion Top 3 issuers
China 16.64 China Development Bank, Bank of Beijing, ICBC
France 15.05 Republic of France, Engie, SNCF
USA 14.01 New York MTA, Fannie Mae, Apple Inc
Supranational 9.52 EIB, IFC, Asian Development Bank
Germany 7.02 KfW, Innogy, Deutsche KreditBank AG
Netherlands 4.38 Tennet, NWB Bank, Obvion
Sweden 4.13 Swedbank, Nordea Bank, SEB
Mexico 4.0 Mexico City Airport
Spain 3.9 Iberdrola, Gas Natural Fenosa, Adif Alta Velocidad
India 3.38 Greenko, IREDA, Azure Power
Canada 2.99 TD Bank, Export Development Canada, Province of Ontario

The CBI expects the total issuance for 2017 to reach USD 130 billion. This is up from USD 81.6 billion of green bonds in 2016.

(USD 1 = EUR 0.85)

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Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

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