Debt sales to fund environmentally friendly projects set a monthly record in March, just as BlackRock Inc., Vanguard Group Inc. and other asset-management giants signaled a greater focus on battling climate change through their investments.
Issuers raised $73.4 billion from green bonds globally, beating the previous monthly all-time high of $62.3 billion set in September, according to data compiled by Bloomberg. First-quarter issuance amounted to $149.9 billion, up 186% from the same period in 2020.
