✅ Sustainable bond issuance surges 9%, market set to hit $950bn by year-end: Moody's

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RIYADH: Global issuance of sustainable bonds in the third quarter of 2024 reached $216 billion, marking a 9 percent annual increase, according to Moody’s. The year-on-year increase ingreen, social, sustainability, and sustainability-linked bonds came despite a quarter-on-quarter drop, with the volume issueddown 14 percent in the three months to the end of September compared to the preceding period. For the first nine months of 2024, sustainable bond volumes reached $769 billion, marking a 3 percent decline compared to the same period last year.

Arab News     Nov 06, 2024