2024-02-27 10:56:28
Green, ESG-linked bonds issuance to hit over $1tn worldwide in 2024
Global bonds issuance is forecasted to rise by 4.3% in 2024, with sustainability-linked instruments contributing up to $1.05 trillion, as per S&P Global's report. Green, social, sustainability, and sustainability-linked bonds (GSSSB) are expected to constitute 14% of total issuance for the second consecutive year. Sovereign issuance is set to increase, notably in Saudi Arabia and the UAE, propelled by sustainability commitments and third-party support schemes. Despite positive projections, macroeconomic uncertainty and central bank policies may restrain the expansion of the GSSSB market in 2024.
