Sustainable Finance

Sustainable bond issuance forecast to hit record $650 billion in 2021

Ratings agency Moody's, in its projections, says government support will be a driver for the trend while carbon transition finance is also expected to come of age.

Sustainable bonds are set to take up a larger slice of the global bond issuance pie this year, according to Moody’s Investors Service.

The ratings agency is forecasting that the worldwide sale of securities identified as green, social and sustainability bonds collectively classified as sustainable bonds will surge to a record amount of $650 billion in 2021. That would be a 32% increase over the 2020 issuance of $491 billion. It would also represent 8% to 10% of the total bond issuance expected during the year, rising from the 5.5% share they had in 2020.

Green bonds are projected to account for about $375 billion of the...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222