The Schengen Area (/ ˈ ʃ ɛ ŋ ən /; Luxembourgish: [ˈʃæŋən] ()) is an area comprising 26 European countries that have officially abolished all passport and all other types of border control at their mutual borders. The social bond market is set for "exponential" growth in issuance volume, following a record 2020 which saw $165.7bn of instruments brought to market, according to Columbia Threadneedle's Simon Bond, who expects the annual volume of issuance to soon match that of the green bond … If a bond or fund is certified “green”, it brings down the cost by almost half a percentage point. The green bond market has subsequently increased rapidly in issuance. Liaoning-based Huachen Automotive Group Holdings Co was fined Rmb53.6m for allegedly including false information in its 2017 and 2018 annual reports and bond issuance … Till December 2020, Indian entities raised just $10 billion cumulatively from overseas markets in dollar green bonds. In 2021 so far, issuances from India have easily crossed $5 billion and more issuance would be coming. From 2015 to 2016, the Climate Bonds Initiative reports that there was a 92% increase in green bonds issuance to $92 billion, with different types of issuers starting to issue green bonds.
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