Green Bonds Show Path to $1 Trillion Market for Climate
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Green bonds may help provide the $1 trillion annual investments in clean energy that environmental groups say is necessary to limit the impact of climate change.
“It’s catching on like wildfire,” Michael Eckhart, a managing director at Citigroup Inc. and founder of the American Council on Renewable Energy, said today in an interview. “We’ve reached the Holy Grail, which is the bond market.”