Climate Bonds Blog
Middle East & Africa See Sustainable Finance Progress Ahead of COP28
There is reason for optimism in Middle East and Africa. Regional sustainable finance is growing quickly to spur positive development impact at both company and community levels. By the end of Q3 2023, the Climate Bonds Initiative (Climate Bonds) had recorded cumulative volume of USD4.2tn of green, social, sustainability, and sustainability linked (GSS+) debt in alignment with its screening methodologies (aligned), plus a further USD12.7bn in unscreened bonds bearing the transition label.
Brazil becomes 50th country to crack the sovereign GSS+ market
To build a net zero economy, the world needs to build a net zero chemicals industry. Chemicals are present in over 90% of manufactured goods, and account for a large portion of global emissions. But in order for this large and high-emitting sector to transition, it needs clear guidance, frameworks, and standards to facilitate its transition to net zero.
Climate Bonds CONNECT 2023 - London Global Conference Wrap Up
Climate Bonds CONNECT 2023 - London Global Conference brought together hundreds of investors, asset owners, and industry professionals to discuss how the sustainable finance sector can mobilise and facilitate the transition to a green economy. With over 350 in-person attendees and over 1000 people joining remotely from around the world, CONNECT 2023 demonstrated the appetite and enthusiasm for a real global transition.