Sustainable debt market surpasses US$7tn, led by green bonds
"This is bigger than the economy of most countries in the world, and the market is still growing."
The sustainable debt market has surpassed US$7 trillion in issuances, with growth accelerating in the past six years, particularly in green bonds.
This is according to Climate Bonds Initiative (CBI) data, which tracks green, social, sustainability and sustainability-linked bonds aligned with its methodologies. It took 13 years for this market to reach US$1 trillion in 2019 – yet in the past six years, another US$6 trillion of sustainable debt has been issued.
