Written in Feb. 20, 2015
From Bloomberg Business > Science+Energy > Climate section

[Deutsche bank seeks to buy $1 billion in green bonds]

Deutsche Bank AG said it’s working to boost its investment in green bonds to 1 billion euros, joining competitors including Citigroup Inc. and Barclays Plc in tapping profit from the quickly growing market. The decision adds to evidence that the green bond market is blooming after issuances of securities linked to climate projects more than doubled to a record $38.8 billion last year, according to data compiled by Bloomberg.

“The Green Bond market has matured during 2014, and the size and number of offerings has substantially increased making green securities viable and prudent liquidity buffer investments,” von zur Muehlen said in the statement.

Investors are snapping up bonds to finance the global expansion of clean energy, promoted by governments from the U.S. to China to tackle climate change. Investment in clean energy rose 16 percent last year to a record $310 billion, according to Bloomberg New Energy Finance.

For more details, click the link below
http://www.bloomberg.com/news/articles/2015-02-20/deutsche-bank-seeks-to-buy-1-billion-in-green-bonds
http://www.bloomberg.com/news/articles/2015-02-18/citigroup-sets-100-billion-financing-goal-for-climate-projects