TOKYO -- Worldwide issues of "green bonds" by the private sector in 2017 reached about $73.8 billion, some 29 times larger than in 2013, and they are all the rage with global investors. China looks to have become the world's largest issuer for the second straight year, and growth is robust in Europe, where demand for environment-related capital investment, such as wind and solar power plants, is rising.
Capital Markets
Japan plays catch-up with world leader China in green bonds
Higher demand and greater transparency begin to sow seeds of growth
Toda plans to use the money raised from its green bond issue to build offshore wind turbines in Kyushu, southwestern Japan.
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