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Green Loans—Kickoff Time!
The green loan market is still a niche but growing fast: gross issuance hit $60 billion in 2018—up by 30% from 2017
- At present, over 75% of outstanding green loans is directed to the renewable energy and power generation sectors
- With an average maturity of over 15 years, the green loan market has the potential to become an important source of long-term funding for sustainable infrastructure projects
Across the mature markets, the U.S., the UK and Spain have the largest green loan markets. Across emerging markets, India stands out.