Quarter 1 of 2016 saw a remarkable take-off of the green bond market with a total issuance reaching $16.5bn, the largest ever-quarterly amount issued! That's almost a $1bn more than our inital tally.
This fantastic growth is driven in part by China which accounted for over half of all green issuance in the quarter.
Bank of America Merrill Lynch maintained its high gear from last year and tops the Underwriter League Table for the first quarter of 2016, with a total underwriting amount of $ 1.99 bn from 11 deals.