Document summary
Following the recent financial crisis, the bond market is attracting growing interest as a source of debt capital to finance the ‘green infrastructure’ the climate economy needs. This report is an update on the 2012 report "Bonds and Climate Change: the state of the market" and has been commissioned by the HSBC Climate Change Centre of Excellence. In addition to answering key questions around size, themes, regional markets and market outlook, this year the authors added analysis on credit ratings.