The global green bond market hit a new all-time quarterly high during the second quarter of this year, as issuers brought $66.6 billion to market, according to the latest update from financial services firm, Moody’s. The influential credit ratings giant said global green bond issuance was now on track to surpass $200 billion by the year’s end, setting a new record for the market in the process. Issuance grew 47 percent to $117 billion during the first six months of 2019 compared to the same period last year, Moody’s latest quarterly green bonds market report found, with corporates providing the strongest contribution during the second quarter with over 40 percent of the total. European issuers lead the way with a 54 percent share of the global green bonds market in the second quarter, aided by the Dutch government’s huge $6.7 billion sovereign bond earlier this year. The Asia-Pacific region achieved a 23.8 percent market share, followed by North America on 13.1 percent and Latin America at 3.9 percent.

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