Demand for sustainability is high, but Canada's green bond market is limited
A focus on ESG investing, government policy and industry innovation is driving growth
"There's nothing hotter than all things ESG," said Bloomberg's David Scanlan
Issuance in the first nine months of the year is up 67% compared to 2018
New initiative encourages issuers to list their green bonds on the exchange
Initial offerings closed on Monday
Exchange introduces new "Green Economy Mark," sustainable bond market
The bank is also one of two Canadian signatories to the UN's Principles for Responsible Banking
The Bank for International Settlements has launched a climate-friendly fund for central banks' reserves
Global issuance could reach around US$245 billion this year