Below is an excerpt from ISS-Corporate’s recently released article “July 2024 | Sustainable Finance Market Highlights”. The full article is available on the ISS-Corporate online library.
MARKET AND REGULATORY HIGHLIGHTS
The first half of 2024 registered a total volume of $768bn in green, social, and sustainability (GSS+) bond and loan issuances, with bonds making up almost two thirds of that figure, according to Environmental Finance (EF data).
Within the bond market, green deals still account for the vast majority of issuance (more than 70%), followed by social and sustainability issuances, as highlighted by the Climate Bond Initiative (CBI).
The sustainability-linked bond market, on the other hand, is not showing signs of recovery, as 2024 issuance to date is just $18bn, compared to $34bn raised during the same period in 2023 (Environmental Finance).
By:
Damaso Zagaglia, Associate Vice President, Sustainable Finance Business Development, ISS-Corporate
Federico Pezzolato, Executive Director, Global Sustainable Finance Manager, ISS-Corporate
