The additions now include Sukuk amongst a range of debt instruments that can now be certified under the Standard.
2016 issuance was almost double that of 2015 2016 was a record-breaking year by all metrics – the largest year of issuance to date, the largest single month, the largest number of new issuers.
The above figures do not include bonds that do not meet international definitions of green (e.g. reduced-emissions coal, large hydro and grid connection projects not linked to renewable energy or also referred to as “excluded bonds”2). Including these bonds brings total 2016 issuance to USD92bn.