joakant, Pixabay
Blue is the next green: Bonds financing water conservation projects are approaching a 'tipping point'
Aruni Soni, Business Insider
"I would liken the blue bond market today to where the green bond market was 10 to 15 years ago," Matt Lawton, a portfolio manager from T Rowe Price, told Business Insider.
Today, the green bond market is valued at around $2 trillion. Compared to that, the blue bond market is much smaller, just about $5 billion, but it's on the cusp of a big change, Lawton explained. He's seeing even more enthusiasm around the asset than he observed for green bonds when they were at the stage blue bonds are today.
Read the full article here.
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