Global issuance of labelled sustainable bonds – including green, social, sustainability, sustainability-linked, and transition bonds – declined sharply in the second quarter of 2024, as fewer new issuers entered the market and issuers contend with regulatory scrutiny, according to a new report released by Moody’s Ratings. Despite the decline, however, Moody’s notes that the sustainable bond market remains on track to reach $950 billion in issuance this year, an increase over 2023 volumes, and could reach as high as $1 trillion.
Find out more here. |