The sustainable bond market returned to growth in 2023, staging a recovery after a decade of strong increases in the amount of capital raised came to a halt in 2022.
According to figures from Environmental Finance Data, green, social, sustainability, and sustainability-linked (GSSS) bond issuance in 2023 grew 6% to more than $980 billion from $925 billion in 2022.
Although 2023’s figure is still short of the record $1.08 trillion issuance in 2021, the market in the last two years has proved resilient in the face of the challenges wrought by geopolitical conflict, inflation and rising interest rates.
Many of these themes will be unpacked in contributions to Environmental Finance's Sustainable Bonds Insight 2024 – the 10th-anniversary edition of the annual report.
The report suggests market participants are finding opportunities for innovation and improvement in almost every corner of the sustainable bond market. Transition, biodiversity, and Islamic finance are among the headline-grabbing themes analysed.
The free-to-download report features infographics and data on the main trends in the GSSS markets in 2023 and includes brand new chapters and infographics dedicated to these new directions for the market.
Click here to download Environmental Finance's Sustainable Bond Insight for free.