Europe’s green credit issuance stood at €58.0bn by the end of 2020, increasing nearly 9x from €6.8bn at year end 2014, according to Bloomberg.
During the pandemic Europe’s green credit issuance grew 31.0% YoY. 2021 YTD issuance of €61.1bn has already surpassed 2019’s entire scope of issuance.
With the European Commission’s environmental sustainability policy initiatives and the European Central Bank’s increased focus on the green sector vis-à-vis their new monetary policy strategy, green credit supply is likely to increase throughout the year.Link to resource
Sectors: Buildings, Cross cutting, Finance
Country / Region: EuropeTags: assessment of the status quo, Banks, citizens, Industry Regulators, Institutional Investors, MDG 7: environmental sustainability, National Regulators, SMARTER, Supranational Regulators, sustainability, sustainability policies
In 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource