50494e0e-5a32-46d6-ba6c-8d06bfe09001-e8ee5c85a2649b36.pdf

In 2014, the labeled green bond market grew more than threefold to reach 366 billion USD, issued by 73 entities. International financial institutions remained the leaders, accounting for 44% of the market, with the European Investment Bank (EIB) as the largest issuer at 5.6 billion USD. The market saw significant diversification through corporate issuances totaling 12 billion USD, including a 3.4 billion USD issuance by GDF Suez, and the introduction of green asset-backed securities by Toyota. Municipal bonds also contributed, with US and Canadian provinces and cities like Gothenburg and Johannesburg participating. The total market size, including unlabeled green project bonds and ABS, is estimated between 38 billion and 39 billion USD, with a projection of 100 billion USD by the end of 2015.

• The labeled green bond market experienced rapid growth in 2014, with 73 issuers raising 36.6 billion USD, which is more than three times the previous year's volume. The total amount of outstanding green bonds reached 53.2 billion USD by the end of 2014.
• Corporate green bonds contributed 12 billion USD to the market, with the largest individual corporate deal being a 3.4 billion USD issuance by the French utility GDF Suez for renewable energy and energy efficiency projects. Additionally, Toyota issued 1.75 billion USD in green asset-backed securities based on car loans and rentals.
• Municipal green bonds accounted for 12% of total green bond issuances, featuring activity from Gothenburg, Johannesburg, and Ile de France (which issued 850 million EUR), as well as 11 provinces in Canada including Ontario.

APA

Climate Bonds Initiative (n.d.). 50494e0e-5a32-46d6-ba6c-8d06bfe09001-e8ee5c85a2649b36.pdf. https://www.climatebonds.net/files/documents/publications/50494e0e-5a32-46d6-ba6c-8d06bfe09001.pdf

Chicago

Climate Bonds Initiative. 50494e0e-5a32-46d6-ba6c-8d06bfe09001-e8ee5c85a2649b36.pdf. n.d. https://www.climatebonds.net/files/documents/publications/50494e0e-5a32-46d6-ba6c-8d06bfe09001.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=50494e0e-5a32-46d6-ba6c-8d06bfe09001-e8ee5c85a2649b36.pdf |url=https://www.climatebonds.net/files/documents/publications/50494e0e-5a32-46d6-ba6c-8d06bfe09001.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativend50494e0e5a3246d6ba6c8d06bfe09001e8ee5c85a2649b36pdf, author = {{Climate Bonds Initiative}}, title = {{50494e0e-5a32-46d6-ba6c-8d06bfe09001-e8ee5c85a2649b36.pdf}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/documents/publications/50494e0e-5a32-46d6-ba6c-8d06bfe09001.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }