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Green Bonds From Companies Seen Doubling to $20 Billion

The annual market for corporate green bonds will double this year, driven by rising investor appetite for sustainable investments, according to Standard & Poor’s.

Companies will issue bonds worth about $20 billion for environmentally beneficial investments compared with $10.4 billion last year, the ratings agency said in a report today. The market is accelerating because it helps issuers tap new types of investors who are increasingly interested in implementing environmental, social, and governance goals, the credit rating company said.