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An outlook for the sustainable bond market
After a muted year for sustainable bonds in 2022, there are indications that the outlook for 2023 is more upbeat. Malika Takhtayeva and Xuan Sheng Ou Yong discuss what the future might look like for corporate and sovereign use-of-proceeds bonds. In recent years, the market for sustainable use-of-proceeds bonds has grown significantly – annual issuance of green, social and sustainable (GSS) bonds rose from USD 95 billion in 2018 to USD 735 billion in 2021, according to Bloomberg data. […]