From acorns to oaks: Key questions remain for green bonds

The number of active green bond funds is increasing at least as fast. Asset managers including Amundi, Allianz, AXA, BlackRock and Vontobel have established dedicated green bond funds in recent times. We have seen a strong first half for the green bond market in 2021 too, with around $150bn of benchmark-sized bonds being issued over the period. This represents a +150% increase compared to the same periods in 2019 and in 2020. Similarly, Fitch Rating has reported assets under management in green bond funds reached approximately €22bn globally at the end of Q1 this year. That's an incre...