The Next Green Bond Wave: Should Ottawa Step In?

Summary:
Page Title:The Next Green Bond Wave: Should Ottawa Step In? – C.D. Howe Institute
Article Title:The Next Green Bond Wave: Should Ottawa Step In?
URL:https://cdhowe.org/publication/next-green-bond-wave-should-ottawa-step/
Published Date:February 18, 2021
Accessed Date:February 12, 2025

Canada’s Green Bond Market Poised to Surge

  • Canada’s green bond market is poised to regain momentum as the economy recovers from COVID, according to a new report by Glen Hodgson.
  • Green bond issues were surging prior to the pandemic, with US$257.7 billion issued globally in 2019 and C$9.25 billion in Canada. Hodgson notes Canada has seen the green bond market grow rapidly over the past five years, growing by 63 percent in 2019 alone.
  • The report supports Ottawa’s involvement in green bonds as it would allow the federal government to set standards and create a baseline price, creating an environment where green bonds at the private level are traded properly in a functioning market.

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.