#green bonds
Green bonds are financial debt instruments issued by public or private entities with the purpose of raising capital, committing to allocate the funds exclusively to environmental initiatives or projects aimed at mitigating the effects of climate change.
-
Green bonds are specifically destined for the funding or refunding of green projects, i.e. projects that are sustainable and socially responsible in areas as diverse as renewable energy, energy efficiency, clean transportation or responsible waste management. Iberdrola has consolidated its status as the biggest group issuer of green bonds in the world; and at the start of 2021 it issued the biggest hybrid green bond in history, worth €2 billion.
