Green bonds, the environmentally friendly option in the global bond market, are “doubling every year,” according to William Sokol, director of ETF product management at VanEck. The exact size of the market is challenging to define, but experts estimate the green bond market has grown to roughly $136 billion – a number that continues to increase. Europe is more active in the space, as 65% of the investible universe is denominated in euros. That being said, this has not deterred U.S. investors from joining in. As of now, the green bond infrastructure has improvements to make at the fund level, though this is expected to improve as the market grows.

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