Green bonds: value of bonds issued by new issuers in Europe 2020, by certification

In the nine months to September 2020, new issuers on the green bonds market in Europe issued green bonds with a total value of 22.85 billion U.S. dollars. Not all green bonds are certified. In fact, less than 10 percent of the value of the green bonds issued by new issuers over this period were certified. To September 2020, green bonds issued by debut non-financial corporate issuers worth almost 1.3 billion U.S. dollars were certified as climate bonds, while and almost 12 billion U.S. dollars were not certified. Green bonds are fixed income securities which finance investments with environmental or climate-related benefits.