Green bonds see back-to-back months of record inflows

New sustainable debt instruments, like green bonds and green loans, are seeing a significant pickup in investor interest.

What it means: While it's still a de minimis fraction of the global debt market, green bonds saw explosive growth in the second quarter. Dedicated green bond ETFs attracted some $2 billion of net inflows in Q2, including $1.1 billion in June, data from the Institute of International Finance shows.

• June's green bond inflows were more than triple the $300 million of inflows recorded in all of Q1 and larger than inflows from any year prior to 2019.

Go deeper:

• When money is green
• Wall Street reckons with climate risk
• Bill McGlashan's firing exposes hypocrisy in impact investing