Growing Green Finance, By TheCityUK & Imperial College

25 Sep Growing Green Finance, By TheCityUK & Imperial College

A new report from TheCityUK and Imperial College Business School makes the case for the UK to better seize the opportunities presented by its position as a leading centre for green finance. It argues that the sector should become an integral part of mainstream financial markets and a core element of global capital markets.

As outlined in the report, the two main green finance markets are aligned with the two main conventional finance markets: debt and equity. Within these markets, there is considerable institutional crossover, since many institutions are active in both debt and equity markets. In addition, alternative finance –a broad market category still in rapid development– comprises both debt and equity sub-segments. As of June 2017, there were 45 green bonds listed on the LSE in seven different currencies.10 The first listing was in 2007; green bonds listed on the LSE have raised a total of $12.1bn.

According to the Climate Bonds Initiative, the UK has the world’s fourth-largest amount of green bonds with $61.8bn in issuance, accounting for 9% of the global total. China has 36% ($246bn), the US 16% ($111bn) and France has 9% ($63.9bn).

Full report available here.