- We believe this is a prerequisite for Sweden to get even better conditions in the bond market, as there is a very high demand for green bonds from investors, says Finance Minister Per Bolund (MP).
The government has had the independent research company Cicero review the framework governing the green bonds. The grade will be highest on a four-degree scale - dark green.
The money borrowed is linked to already decided expenditures in the budget, for example various climate and energy measures.
The market for green bonds, which will finance sustainable and climate-smart investments, has exploded in recent years, but from low levels. Last year, green bonds for 133 billion were issued in Sweden, according to Danske Bank. This was an increase of 85 percent compared to 2018, which in turn was a record year with 90 percent increase compared to 2017.