Green bonds can free up billions for a green transformation
21:16
Achieving the climate goals by 2030 will require around €180 billion of investment per year across the European Union. This financing will require the mobilization of capital from the government and non-governmental sectors, and green bonds may prove to be a good instrument.
The dynamically developing green bond market can help finance Poland and Europe's path to climate neutrality. However, in Poland, green bonds have a lot of untapped potentials. For example, local governments, cities, and regions could benefit more from them.
“According to the Climate Bonds Initiative, the value of green bonds issued so far in the world exceeded $1.5 trillion in 2021 and is still growing dynamically. ... Sustainability-linked bonds are also becoming more and more interested in investors, which make it possible to obtain financing, for example, for the comprehensive implementation of the climate neutrality strategy,” Katarzyna Szwarc, plenipotentiary of the Minister of Finance for Capital Market Development Strategy, believes.
