Why Bonds Good for the Earth Now Carry a ‘Greenium’

Green bonds are back: Issuance of the environmentally friendly securities reached a new high in September, totaling more than $50 billion, after the pandemic slowed sales in the first part of the year. Following Germany’s first green bond, the pace is set to increase further, thanks to the European Union’s plans to sell as much as 225 billion euros ($265 billion) of the securities. Meanwhile, the European Central Bank has announced that it will buy a new kind of environmentally targeted security