This is the 12th iteration of Climate Bonds Initiative's (Climate Bonds) Global State of the Market Report. The scope of this report includes analysis of the green, social and sustainability (GSS) markets, plus sustainability-linked bonds (SLBs), and transition bonds. This report describes the shape and size of the GSS, SLB, and transition (collectively GSS+) debt market as of 31 December 2022.
This report includes five sustainable debt themes based on the projects, activities, and expenditures financed: green, social, sustainability, SLB, and transition.