Member's Documents
Green Bonds: Pioneering Inception and Navigating Maturity – Evaluation of EBRD’s Green Bond Investments (2017-2022)
Published by: Independent Evaluation Department, European Bank for Reconstruction and Development
SDGs: SDG 13 - Climate Action
Green bonds are vital to channelling capital towards green projects. In recent years, green bonds have grown significantly, already accounting for approximately 4% of the global bond market. The objective of this report is to provide evaluative evidence on EBRD’s relevance as a green bond investor, as well as on the effectiveness and efficiency of its investments, related activities and overall approach to green bond markets. This is the first evaluation of multilateral development banks’ (MDBs) investments in green bonds.
