Skip to content
Subscriber Only

Renewable Spending to Turn Corner as Bonds Hit Record, BNEF Says

Renewable energy investment is set for a turnaround this year with sales of green bonds rising to a record, according to the head of Bloomberg New Energy Finance.

Onshore wind’s resurgence and spending on solar power may also drive investment to about $300 billion, after a two-year slide, said Chief Executive Officer Michael Liebreich. Green bonds for environment and clean-energy ventures may reach about $20 billion, after last year’s record of $14 billion, he said.