Summary
This fact sheet by the Climate Bonds Initiative outlines public sector activities and policy developments in the green bond market during 2016, emphasizing the role of governments in leveraging private capital to meet climate-aligned infrastructure needs.
Key insights
- To meet global requirements for climate-aligned infrastructure, the green bond market needs to reach annual issuance of USD 1 trillion by 2020.
- In 2016, green bonds became a primary tool for governments to finance their Nationally Determined Contributions (NDCs) following the entry into force of the Paris climate agreement.
- Poland became the first sovereign green bond issuer in December 2016 with a bond totaling USD 784 million, followed by France in January 2017 with a USD 7.5 billion bond.
- Various countries implemented specific policy tools in 2016 to stimulate green bond markets: China's People's Bank of China published guidelines that drove issuance from nearly zero to RMB 238bn (USD 36.2bn); Kenya's Capital Markets Authority proposed tax incentives for early 2017; and the French Banking Association suggested a "green support factor" for preferential risk weightings.
- Investment needs for mitigation alone for 21 emerging nations from 2016 to 2030 are estimated at USD 23 trillion, including USD 2.1 trillion for India, USD 1.3 trillion for Brazil, and USD 104 billion for Nigeria.
Cite the original document
- APA
- Climate Bonds Initiative (2017). Green Bonds Policy. https://www.climatebonds.net/files/documents/publications/Green-Bonds-Policy-Highlights.pdf
- Chicago
- Climate Bonds Initiative. Green Bonds Policy. 2017. https://www.climatebonds.net/files/documents/publications/Green-Bonds-Policy-Highlights.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bonds Policy |date=February 2017 |url=https://www.climatebonds.net/files/documents/publications/Green-Bonds-Policy-Highlights.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2017green, author = {{Climate Bonds Initiative}}, title = {{Green Bonds Policy}}, institution = {Climate Bonds Initiative}, year = {2017}, month = feb, url = {https://www.climatebonds.net/files/documents/publications/Green-Bonds-Policy-Highlights.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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