24 January 2012, Bloomberg

Green Bond Bankers in Japan, Sweden Beat U.S. to $7 Billion

Article by Sally Bakewell

Skandinaviska Enskilda Banken AB (SEBA) and Daiwa Securities Group Inc. (8601) have underwritten the most green bonds since the securities were first issued in 2007, indicating the dominance of Swedish and Japanese banks in the market...

Scandinavian countries "have always been very tuned into environmental themes," James Cameron, executive vice chairman of the U.K. investment manager Climate Change Capital Ltd., said in an interview. "There's something about the culture that recognizes the value of conservation in economic terms."

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