2016 marks the 5th edition of the Climate Bonds Initiative’s State of the Market report, as well as the 5th edition of the Bonds and Climate Change Canada Report, produced in collaboration with Climate Bonds & HSBC. This year, we report on the Canadian market activity up to May 30 2016.
In the 2016 Canadian Report, we find that:
- Canada’s climate-aligned bond market has grown to C$ 32.9bn – making Canada’s market the 5th largest in the world.
- Both the full climate-aligned universe and the C$ 2.9bn labelled green segment of the Canadian market have grown over the past year, though less quickly than had been expected.
- 2016 remains an important opportunity for the federal and provincial governments to take action and show the leadership necessary to accelerate market growth.