| LONDON, March 30
LONDON, March 30 Global green bond issuance
could reach $125-150 billion this year as demand for low-carbon
infrastructure investment continues, Swedish banking group SEB
said on Thursday.
SEB said $97 billion of green bonds were issued last year.
The proceeds from so-called bonds help finance projects in
the renewable energy, energy-efficiency, green transport and
wastewater treatment sectors.
In January, HSBC forecast the growth in green bond issuance
could slow this year to $90-120 billion after a record 2016.
"At the conclusion of the first quarter, SEB maintains its
2017 year-end green bond market potential issuance figures at
$125 billion in a baseline scenario, with upside potential
for issuance to rise to $150 billion," SEB said in a report.
In the first quarter of this year, green bond issuance was
$25.7 billion, 67 percent higher than in the fist quarter last
year, SEB said in the report.
"Chinese issuance grew rapidly in 2H16 and significant
volume may still lie in the months ahead, with announcements
from Chinese authorities signalling that green bond issuance in
2017 potential is 'strong'," the report said.
New initiatives aimed at attracting foreign investment into
the Chinese domestic green bond market, have also been
SEB said this was propelling issuance even though U.S.
President Donald Trump signed an order this week to undo
Obama-era climate change regulations, keeping a campaign promise
to support the coal industry and calling into question U.S.
support for the international deal to fight global warming.
(Editing by Susan Thomas)