Published quarterly, the Sustainable Debt Monitor offers a snapshot of key trends in ESG debt markets across mature, emerging and frontier markets. IIF members can subscribe here.
Amid rising global rates and market volatility, global issuance of sustainable debt fell to $285 billion in Q1 2022, nearly 20% lower than in Q1 2021. Some $55 billion of issuance came from EMs in Q1—up from $45 billion in Q1 2021.
Amid surging demand, we project global sustainable debt issuance at $1.8 trillion in 2022, soaring to $3.8 trillion in 2025. Under favorable market conditions, total issuance could reach an annual pace of over $7 trillion by 2025.
Global sustainable debt issuance surpassed $1 trillion during the first three quarters of 2021 and is now on track to reach almost $1.5 trillion in 2021
Global sustainable debt issuance is on track to surpass $1 trillion in 2021 – up 30% from 2020’s totals. However, emerging markets still represent less than 15% of the sustainable debt universe, highlighting strong growth potential; China, Chile, Turkey, and Mexico are the top issuers. The outstanding green bond market is now over $1 trillion, as the non-financial corporate issuer base broadens. Updated voluntary market principles and guidelines are supportive for market growth and harmonization.
The global sustainable debt market breached the $2tn mark in Q1 2021 and is fast approaching $3tn. Green bond issuance has surged as corporate net-zero emissions commitments accelerate.
Global sustainable debt issuance hit an all-time record of over $655 billion in 2020, driven by rapid growth in ESG and sustainability-linked bonds. A more supportive global policy landscape could spur even more issuance in 2021
Global sustainable debt issuance surpassed $270bn during the first seven months of 2020, up 5% from 2019. The sustainable debt universe has now topped $1.5tn for the first time—80% in EUR, USD, and CNY
In this special quarterly supplement to the Global Debt Monitor, we look at the impact of COVID-19 on sustainable debt markets (bond and loans), with comprehensive coverage of more than 150 countries across all sectors.