Green bonds revived due to crucial Covid-19 recovery role

Ethical finance sees surge in popularity

A revival in green bonds has pushed the number of issuers above 1,000 for the first time ever, suggesting companies and governments are paying more than just lip service to sustainable finance.

The fallout from the coronavirus pandemic caused a steep drop in money raised via green debt, with just $7bn issued in February as global fears about Covid-19 began to escalate. But as lockdown measures...