Green Bond Supply Has $90 Billion Fund Worried

Storebrand Asset Management AS, a $90 billion Norwegian fund that specializes in sustainable investing, says demand for green bonds is now so far ahead of supply that potential buyers might soon start to walk away.

According to Helena Lindahl, who oversees a portfolio of about $760 million in green bonds at Storebrand’s office in Stockholm, “The shift to green, on a broad level, is too slow, way too slow,” she said in an interview. “The green bond market is far too little.”